NAR Posts

Monday, November 1, 2010

Tax credits

"Oct 26, 2010
HOUSELOGIC: Tax Credits for Installing Biomass Stoves

Claim Your Tax Credit:
To encourage homeowners to make energy-efficiency upgrades, Uncle Sam is offering a tax credit worth up to $1,500 on eligible improvements. Biomass stoves used to provide heat or heat water and that have a thermal efficiency rating of at least 75% qualify. You can claim the credit for purchasing a stove for your primary residence during 2009 or 2010, whichever year it was installed. The credit is based on 30% of the total cost of the stove. If you don’t max out the credit on a stove, you can apply the remainder to other energy upgrades like replacing your roof or adding insulation.



Read more: http://www.houselogic.com/articles/tax-credits-installing-biomass-stoves/#ixzz13OCkXarc"

Visit us at WWW.AngelFireNewMexico.US for all of you AngelFire Real Estate Needs or WWW.ResortPropertiesOfAngelFire.Com for lodging in Angel Fire!

No comments:

Post a Comment