Timothy Parks Construction, Inc. - 2009 Federal Energy Tax Credits

Home Improvement - Handyman Services - Englewood - Sarasota - North Port - Port Charlotte - Nokomis - Osprey

Home Inspector HI4878, Building CBC059592 & Roofing CCC1327217 Orlando: 407.383.9118 Tampa Bay: 727-260-7344

Kitchens - Home Improvement - Handyman Services - Englewood - Sarasota - North Port - Port Charlotte - Nokomis - Osprey

2009 Tax Credits Energy and First-Time Home Buyer

2009 First-Time Homebuyer Credit Click Here for IRS Publication

Those who bought a main home recently or are considering buying one may qualify for the first-time homebuyer credit. Normally, a taxpayer qualifies if she didn’t own a main home during the prior three years. This unique credit of up to $7,500 works much like a 15-year interest-free loan. It is available for a limited time only –– on homes bought from April 9, 2008, to June 30, 2009. It can be claimed on new Form 5405 and is repaid each year as an additional Tax. Income limits and other special rules apply. The First-Time Homebuyer Credit Information Center has more details.

What’s New for 2009 Residential Tax Credits Click Here for Form 5695

Nonbusiness energy property credit available. The nonbusiness energy property credit will be available for property placed in service in 2009. The credit is available for items such as high-efficiency heating and cooling systems, water heaters, windows, doors, and insulation. The amount of the credit will be limited by the amount of any nonbusiness energy property credit
you took in 2006 or 2007.

Who Can Take the Credit in 2009

You may be able to take the credit if you made energy saving improvements to your home located in the United States in 2008. For credit purposes, costs are treated as being paid when the original installation of the item is completed, or in the case of costs connected with the construction or reconstruction of your home, when your original use of the constructed or reconstructed home begins. If less than 80% of the use of an item is for nonbusiness purposes, only that portion of the costs that are allocable to the nonbusiness use can be used to determine the credit.

Home (Definition)

A home is where you lived in 2008 and can include a house, houseboat, mobile home, cooperative apartment, condominium, and a manufactured home that conforms to Federal Manufactured Home Construction and Safety Standards. You must reduce the basis of your home by the amount of any credits allowed.

Main home (Definition)

Your main home is generally the home where you live most of the time. A temporary absence due to special circumstances, such as illness, education, business, military service, or vacation, will not change your main home.

Special rules

If you are a member of a condominium management association for a condominium you own
or a tenant-stockholder in a cooperative housing corporation, you are treated as having paid your
proportionate share of any costs of such association or corporation.

Timothy Parks is an authorized painting service provider for Home Depot. We service 5 stores in the Florida market.

Financing - 90 or 180 Days Same As Cash

100% financing available for all eligible home improvements

Help pay for unexpected and emergency replacement work
Include installation charges, tax and extended manufacturers' warranties and service plans

Loan-By-Phone application process with consumer through a unique toll-free telephone number

Credit decision usually in less than 10 minutes
No paper application processing or administrative hassle
Customers value the privacy of communicating directly with EnerBank USA

Our competitve loan offers

Our loan features are very competitive
Unsecured installment loan
Loan amounts from $1,000 to $45,000
Extended loan repayment terms from one to 10 years (depending on loan size)
Competitive fixed interest rates
No prepayment penalties
Comprehensive list of eligible home improvements and equipment installations
Loan commitment period is 120 days from loan approval date
Same-As-Cash, Zero Interest Rate and Deferred Payment options available


Home Additions
Siding
Doors
Sunrooms
Kitchens
Bathrooms
Closets
Windows
Roofing
Painting
Projects
Employment Opportunities