IOWA HOME BUYERS MAY RECEIVE UP TO $2,000 TAX CREDIT ANNUALLY

IOWA HOME BUYERS MAY RECEIVE UP TO $2,000 TAX CREDIT ANNUALLY

Dubuque area home buyers:

The Iowa Finance Authority is now offering a Mortgage Credit Certificate program, effective January 1, 2013, to eligible home buyers to reduce their household’s federal tax liability every year for the life of their mortgage.

The Details

A percentage of the homeowners’ mortgage interest becomes a tax credit that can deduct dollar-for-dollar from federal income tax liability.

Visit www.IowaFinanceAuthority.gov for more information.

Contact Brenda Charlson, Re/Max Advantage Realty in Dubuque, Iowa for more details 563-580-2345.

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