Family Realty Louisville KY

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Tax Credit Information

Kentucky New Home Tax Credit Extends Deadline to Dec 31, 2010

The Kentucky New Home Tax Credit has been extended to December 31, 2010 and allows for up to $5,000 tax credit to be applied for qualifying purchases of new homes in Kentucky which have been built and never occupied.  Complete rules for the program can be found on the Kentucky Revenue Cabinet's New Home Tax Credit page (click here to view).


The specified properties are new construction, single family dwelling as described below:

A “qualified principal residence” means a single-family dwelling, built to be occupied by a single family. It must be certified by the seller as having never been occupied and must be the principal residence of the qualified buyer for a minimum of two years. It may include a detached house, an attached condominium or townhouse, or a manufactured home, including house trailers and modular homes.
We have created a special search for qualifying homes in and around the Louisville area to help you find homes that may qualify to take advantage of this program. 
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