Tax credit information
Most people have heard of the $8,000 first time home buyers tax credit, which is great! If you are a first time home buyer that is… Or if you’ve not owned a home in at least 3 years you can take advantage of the tax credit… but what about those of us who do own a home? Why isn’t there any help for us? Well actually there is! Did you know that there are a number of great tax credits available right now? Things such as you can get a $1,500 tax credit for making your home more energy efficient (replacing that old furnace, re-insulating your house, getting new windows, etc.) and what about the $6,500 Tax Credit available? Yeah if you’ve not heard about these tax credits I urge you to find out what is currently available! These deals won’t last forever and whether you owe taxes or if you’re getting money back there has never been a better time to buy a home, or fix the one up you live in!
And for those of you who are under the impression that this won’t be benneficial until next year… think again! You can take advantage of the tax credit as soon as you make the purchase! Simply by filing an amended tax return!