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Old 04-09-2007, 07:29 AM
Victor Roberts
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Default Re: Tax breaks for buying brand new house

"Mikepier" <mikepier[at]optonline.net> wrote:

- quote -

> Are there any tax breaks for NY residents who buy a brand
> new home? I live in Long Island and I had my eye on this
> brand new house they are building in the neighborhood and
> was wondering if I can get any tax breaks if I purchased it.
> For example, for installing energy efficient windows,doors,
> heating equip, or using energy efficient insulation, etc.


Well, since none of the pros have answered, let me give this
a try.

While there are various credits for installing
energy-efficient windows, insulation and perhaps appliances,
such as furnaces and air conditioners, I don't think they
are any different for new homes than improvements added to
existing homes.

I haven't researched the NYS tax web site, but after filling
our my NY tax return do know there are various energy
efficiency related tax credits.

--
Vic Roberts
Replace xxx with vdr in e-mail address.

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #-1  
Old 03-28-2007, 10:13 PM
Mikepier
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Posts: n/a
Default Tax breaks for buying brand new house

Are there any tax breaks for NY residents who buy a brand
new home? I live in Long Island and I had my eye on this
brand new house they are building in the neighborhood and
was wondering if I can get any tax breaks if I purchased it.
For example, for installing energy efficient windows,doors,
heating equip, or using energy efficient insulation, etc.

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
 

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brand, breaks, buying, house, tax
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