Although the end of 2009 is fast approaching there is still time for you to do some year end tax planning and save yourself some money. With all the press the homebuyers tax credit has received over the last year you may not have heard of the tax credits available for the installation of energy efficient products.
The American Recovery and Reinvestment Tax Act provides tax credits of 30% of the cost up to $1,500 for windows and doors, insulation, roofs, HVAC, water heaters (non-solar) and Biomass stoves. Before you run out and have all of the single pane windows on your Spring Texas house replaced, you will want to read the fine print on what products are considered “qualifying products”. You did expect there to be some fine print … didn’t you?
For more details on the tax credit and the qualifying products visit the Energy Star website.
Jill is awesome! I was a first time home buyer and she did a wonderful job helping me through the... read moreJill is awesome! I was a first time home buyer and she did a wonderful job helping me through the process. Jill always responded right away to all of my emails and text messages and was such a joy to work with. She is very knowledgeable about the market and provided great advise and guidance. I recommend Jill to anyone looking for a top notch realtor and I look forward to working with her again when I'm ready to sell! read less