TAX BREAKS 2009+ for HOMEOWNERS …….
$8,000 or up to 10% of purchase price can be written off on 2008 or 2009 tax return & not paid
back if keep house 3+ years. Then full amount will need to be paid back. Also some qualifying tax-
payers can use some of that money to cover certain purchasing costs. Those using FHA financing
can also get additional credits. Also there are credits for certain energy-efficient improvements to
residential property or GREEN improvements, such as adding insulation, installing energy-efficient windows, doors, ac/heat & more. In OCTOBER go to TaxACT.com to get more details, but for
now check with a knowledgable accountant. Been in Colorado for 6 days – sorry for the late blog.
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