Colorado Tax Credit
Little know secrect that could save you thousands a year!
How it works
A Mortgage Credit Certificate (MCC) allows the homebuyer to claim a tax credit for a percentage of the mortgage interest paid per year. It is a dollar-for-dollar reduction against their federal tax liability.
Savings
Reduce the amount of federal taxes you owe by claiming up to 50 percent of your mortgage interest as a tax credit on your tax return.
Areas
Certain geographical areas of the state are federally designated as a “Targeted Area” by either HUD or the IRS.
Limitations
MCC program has household income limits and purchase price limits based on the county in which the property is located.
Join Our FREE Webinar
This FREE webinar will explain:
How to:
- Pair the MCC with your loan from your favorite lender
- Reduce the amount of federal taxes you owe by claiming 20, 30, or 50 percent of your annual mortgage interest as a tax credit on your tax return.
- Claim the remaining interest as a home mortgage interest deduction.
- The result: You pay lower taxes and have more money to put back into your home or into savings!
To join webinar click here: www.webinar.com
The Ken Caiani Group
Email: thekencaianigroup@gmail.com
Website: www.kcaiani.lenderama.com
Location: 7000 E. Belleview #200 Greenwood Village CO 80111
Phone: 888-327-6199
Facebook: facebook.com/thekencaianigroup
Twitter: @kencaiani