Energy Efficient Home Improvements
Energy Efficient Home Improvements
Tax Credits for energy efficient home improvements When the American Recovery and Reinvestment Act of 2009 passed it included tax credits for energy efficient home improvements. Homeowners will enjoy the long-term energy savings benefit and a tax credit. The credit applies to 2009 and 2010 returns with a lifetime cap of $1,500. Fill out IRS form 5695 to claim the credits when you file your federal tax return.
Published in PAR Consumer Section
Green Mortgages With an Energy Efficient Mortgage, lenders will take into account lower monthly utility costs and qualify a buyer for a higher monthly mortgage payment and may also be willing to finance energy efficient home improvements into the mortgage. Source: CNN Money
Published in PAR Consumer Section.
Posted PMAR 2/3/2020