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hudelhaus

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Posts:9

10/06/2008 8:18 AM
Hello, We are having a home built for us that will have some level of energy savings certification that qualifies for a tax credit. My question is -- who gets to take the credit, the builder or the buyer? We aren't using a construction loan (the builder owns the building up until we buy it) but we do have a contract for the house. Thanks, Christopher.

seaglade

Registered Users

Posts:29

10/06/2008 10:00 AM
The builder is the one who gets the tax credit, as the owner your limit is around $500. I was shocked when my CPA told me.

seaglade

Registered Users

Posts:29

10/06/2008 10:14 AM
The Green Building Talk web site has a section on the right side of the screen called NEWS, they have a recent article about the IRS rules on energy tax credits.

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