Real Estate News brought to you by Adriana Faerman
Blogging From The Beaches of South Florida
Your Eco-Friendly Real Estate Broker

GREEN TAX INCENTIVES FOR CONSUMERS – Including our Aventura residents

 There’s still time to take advantage of the many green tax incentives available to consumers.

MAIN-house

There’s one month left in 2009  to take advantage of green tax incentives. From putting smarter windows in your house to installing a solar water heater, move quickly to get back a considerable percent of your investment.

Until December 31,  2009,  you have plenty of time to take advantage of the green tax incentives available to consumers. While some of these tax credits or deductions have been available for several years, many were created as part of the American Recovery and Reinvestment Act.

The following types of energy-efficient products may be eligible for a 30 percent tax credit, up to $1,500: cool_roof

  • Biomass stoves
  • Advanced main air circulating fan
  • Air source heat pump
  • Central air conditioning
  • Gas, propane, or oil hot water boiler
  • Natural gas or propane furnace
  • Oil furnace
  • Home insulation
  • Reflective roofing 
  • Non-solar water heaters
  • Energy-efficient windows, doors and skylights
  • Storm windows and doors 

These products must be installed on an existing, primary residence. New construction projects as well as rental property upgrades will not qualify for the tax credit under this plan. Although 2009 is coming to a close, these tax credits are valid for projects completed through Dec. 31, 2010.

Read the rest of this entry »

Tomato University Graduate Real Estate Tomato