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Tax Credits



Helpful Links about Homeowner Tax Opportunities

Homeowners receive a number of tax breaks, both long term and with the 2009 Federal Stimulus Package short term.

General Homeowner Tax Breaks

An interesting article on homeowner tax breaks from the Wall Street Journal
http://www.smartmoney.com/personal-finance/taxes/a-primer-on-homeowner-tax-breaks-14327/

And another article from Bankrate.com
http://www.bankrate.com/finance/money-guides/homeowner-tax-breaks-1.aspx

First-Time Home Buyer Tax Credit: Available for home buyers closing before Dec. 1, 2009

The 2009 Federal stimulus package included first time home buyer credits for those who have not owned a home in the past three years.

Learn more here:
http://www.federalhousingtaxcredit.com/2009/home.html

Watch this helpful video:
http://www.youtube.com/watch?v=qeDp_w3oiqg&feature=fvsr

Check out these first-time homebuyer tax credit basics:
http://www.batconline.org/pdf/tax_credit_basics.pdf

Tax Credits for Saving Energy

You can earn tax credits by saving energy in your home too.

Energy Tax Credits from the US Dept. of energy: http://apps1.eere.energy.gov/news/news_detail.cfm/news_id=12248

Information from the Internal Revenue Service:
http://www.irs.gov/newsroom/article/0,,id=154657,00.html

Tax credit information from EnergyStar:
http://www.energystar.gov/index.cfm?c=tax_credits.tx_index

Energy tax credit information from the Minnesota Department of
Commerce, office of Energy Security:
http://www.state.mn.us/portal/mn/jsp/content.do?id=-536893811&subchannel=-
536895393&contentid=536917970&contenttype=EDITORIAL&programid=
536917846&sp2=y&agency=Energy

Another article from Bankrate.com
http://www.bankrate.com/finance/taxes/tax-breaks-for-home-energy-upgrades-1.aspx