To help stimulate the economy and help recent home buyers, the government has instituted the first time home buyer tax credit under the Housing and Economic Recovery Act of 2008. The first time home buyer tax credit allows for recent home purchasers to claim a maximum tax credit in the form of a interest free loan and/or a permanent loan from the government, depending on when the home purchased.
The first home buyer tax credit applies to a home purchased between the dates of April 8, 2008 and December 31, 2008. If a home buyer purchased a home within that range they are eligible for a $7,500 maximum tax credit which can be claimed on a 2008 return. This allows for people to receive more money back on a return or have money applied to taxes owed. But this is not a free and clear plan to get $7,500 government dollars.
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6140 70th Ave NE Marysville, WA 98270
Attic Insulation – Save Heat, Save Energy, and Save Money
The cold winter is in full effect and the amount of rain fall and cold weather will definitely be felt walking out the door. The holidays are here, money is tight, and putting more green in your pocket while doing a small part for the environment.
The biggest cost homeowner’s face during the winter is heating. The cooler winter temperatures can produce higher and higher heating bills. Homeowner’s can combat this trend by taking a look at their attic’s insulation. Heat rises and the attic maybe the last place you think heat, and more importantly energy, is lost.
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