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Posted by Victor Roberts on April 9, 2007, 3:29 am
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> 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.
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