Buyer’s Tax Credit is over but there are more Tax Credits to take advantage of
by elizabetheugenio on May 25, 2010
The $8,000 buyer’s tax credit is over, but were you aware you can take advantage of Federal Tax Credits for energy efficient products you install in your home? You can get a credit of 30% of the cost you spend up to $1,500. The $1,500 tax credit is the maximum amount you can receive for 2 years, even if multiple products are purchased.
The EPA is giving the credit to save energy cost while reducing gas emissions. According to the EPA, if all audio video (AV) products sold in the United States met the Energy Star requirements, America would save more than $1billion in energy costs.
What products qualify? To earn the Energy Star label, the AV products must consume less power when they are on and must power down during inactivity. The credit applies to products used in your principal residence but new construction and rentals do not qualify.
Additional information on qualified Energy Star products can be found at: http://www.energystar.gov/av.
Elizabeth M. Eugenio
Certified Residential Specialist, Certified Distressed Property Expert, Short Sale and Foreclosure Resource
(909) 376-8615 / Email: Elizabeth@HomesByLiz.info
Century 21 Award
DRE# 01126934
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Since 1991, I have served the residents of Chino Hills and surrounding cities. Providing exceptional customer service has been my top priority earning me referral and repeat business from family, friends, associates and past clients.
The advanced training in finance, marketing and technology I received as a Certified Residential Specialist (CRS) designee provides you better representation making the buying and selling process a more profitable and easier experience. Only 4 % of Realtors in the nation has earned this designation.
Short Sale and Foreclosure Resource (SFR) is the only designation recognized by the National Association of Realtor for short sale and foreclosures. This designation and the (CDPE) Certified Distressed Property Expert has allows me to better assist you as a buyer on your purchase of these properties and as a homeowner experiencing financial hardship avoid foreclosure.
Additionally, the Seniors Real Estate Specialist (SRES) designation has helped me serve the special needs of the 55 years and better population by making the process easier and help keep more of your r money when you move.
Contact me for all your real estate needs and you can count on me to provide you better representation and make sure you have an easier and smoother transaction. I can be reached at (909) 376-8615 or at: Elizabeth@HomesByLiz.info.
Elizabeth has written 27 articles on this blog.
