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	<title>Boise Hunter Homes- Boise Idaho Home Builder</title>
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	<link>http://www.boisehunterhomes.com</link>
	<description>Boise Home Builder- Your Dream. Our Passion</description>
	<lastBuildDate>Tue, 02 Mar 2010 20:54:42 +0000</lastBuildDate>
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		<title>Not just another Boise Home Builder</title>
		<link>http://www.boisehunterhomes.com/2010/03/not-just-another-boise-home-builder/</link>
		<comments>http://www.boisehunterhomes.com/2010/03/not-just-another-boise-home-builder/#comments</comments>
		<pubDate>Tue, 02 Mar 2010 19:37:43 +0000</pubDate>
		<dc:creator>Trey</dc:creator>
				<category><![CDATA[Boise Hunter Homes News]]></category>

		<guid isPermaLink="false">http://www.boisehunterhomes.com/?p=2408</guid>
		<description><![CDATA[One of the first things any builder will tell you is that they are not like the other Boise home builders. We would tell you the same!
We would follow it by telling you that Boise Hunter Homes has a design drafter on staff to help you design your home whether it be a custom home [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>One of the first things any builder will tell you is that they are not like the other Boise home builders. We would tell you the same!</p>
<p>We would follow it by telling you that Boise Hunter Homes has a design drafter on staff to help you design your home whether it be a custom home or customizing one of our <a href="http://www.boisehunterhomes.com/find-your-home/our-floorplans/">floorplans</a>. Not many builders can say that. We would also tell you that we have a person on staff who is responsible to coordinate the construction of your home with what you ordered with our suppliers. We would tell you that there is a superintendent who oversees every aspect of the construction of your home. Additionally, after the home is completed we have someone designated to work with you on any warranty issues or anything else you need to ensure we meet your expectations.</p>
<p>Finally, unlike any home builder in town that builds homes for Move-Up Buyers we would tell you these are not the same person. Boise Hunter Homes is the Treasure Valley&#8217;s largest Move-Up Builder and growing. You are working with one of the strongest, most successful home builders and you can rest assured Your Dream is Our Passion!</p>
<p>Thanks for considering us and we invite you to any of our communities Noon to 6pm daily.</p>
<ul>
<li><a href="http://www.boisehunterhomes.com/our-communities/lakemoor/">Lakemoor</a></li>
<li><a href="http://www.boisehunterhomes.com/our-communities/rolling-hills-at-hidden-springs/">Rolling Hills at Hidden Springs</a></li>
<li><a href="http://www.boisehunterhomes.com/our-communities/saguaro-canyon/">Saguaaro Canyon</a></li>
<li><a href="http://www.boisehunterhomes.com/our-communities/saguaro-springs/">Saguaro Springs</a></li>
<li>we have more coming this Spring 2010</li>
</ul>
<p><strong>Did they say phenominal?</strong></p>
<p>
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</p>
<p>Boise Hunter Homes also offers a Two Year Warranty!</p>
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		<item>
		<title>Boise Hunter Homes offers a Two Year Warranty</title>
		<link>http://www.boisehunterhomes.com/2010/02/boise-hunter-homes-offers-a-two-year-warranty/</link>
		<comments>http://www.boisehunterhomes.com/2010/02/boise-hunter-homes-offers-a-two-year-warranty/#comments</comments>
		<pubDate>Wed, 24 Feb 2010 16:57:16 +0000</pubDate>
		<dc:creator>Trey</dc:creator>
				<category><![CDATA[Boise Hunter Homes News]]></category>

		<guid isPermaLink="false">http://www.boisehunterhomes.com/?p=2382</guid>
		<description><![CDATA[Two Year Home Warranty
Boise Hunter Homes is proud to offer a Two Year Warranty so you can buy with confidence. While we strive to build a defect-free home, we are realistic enough to know that, with repeated use, an item in the home may fail to perform as it should. When this occurs, we will [...]]]></description>
			<content:encoded><![CDATA[<p></p><p><strong>Two Year Home Warranty</strong></p>
<p>Boise Hunter Homes is proud to offer a Two Year Warranty so you can buy with confidence. While we strive to build a defect-free home, we are realistic enough to know that, with repeated use, an item in the home may fail to perform as it should. When this occurs, we will make necessary corrections so the item meets our warranty guidelines. In support of this commitment, Boise Hunter Homes provides you with a limited warranty. <a href="http://www.boisehunterhomes.com/boise-hunter-resources/home-warranty/">Learn more</a></p>
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		<item>
		<title>What is standard with this Boise Home Builder?</title>
		<link>http://www.boisehunterhomes.com/2010/02/wondering-what-is-standard-at-boise-hunter-homes/</link>
		<comments>http://www.boisehunterhomes.com/2010/02/wondering-what-is-standard-at-boise-hunter-homes/#comments</comments>
		<pubDate>Fri, 19 Feb 2010 18:36:05 +0000</pubDate>
		<dc:creator>Trey</dc:creator>
				<category><![CDATA[Boise Hunter Homes News]]></category>

		<guid isPermaLink="false">http://www.boisehunterhomes.com/?p=2374</guid>
		<description><![CDATA[Construction Features

2 x 6 Wall Construction
Hard Wood Flooring or Tile *
Full Wrought Iron Spindles *
Rounded Sheetrock Corners
White Painted Cabinets
Custom Hand Textured Walls and Ceiling
Large Owners Suite with Spacious Bath and Walk-in Closet
Vaulted Owners Suite*
9’Ceilings on First Floor of Two Story*
Large Utility Room with Utility Sink &#38; Folding Table*
Granite Counter and Knotty Alder Cabinets
Oil Rubbed Bronze [...]]]></description>
			<content:encoded><![CDATA[<p></p><p><strong><span style="text-decoration: underline;">Construction Features</span></strong></p>
<ul>
<li>2 x 6 Wall Construction</li>
<li>Hard Wood Flooring or Tile *</li>
<li>Full Wrought Iron Spindles *</li>
<li>Rounded Sheetrock Corners</li>
<li>White Painted Cabinets</li>
<li>Custom Hand Textured Walls and Ceiling</li>
<li>Large Owners Suite with Spacious Bath and Walk-in Closet</li>
<li>Vaulted Owners Suite*</li>
<li>9’Ceilings on First Floor of Two Story*</li>
<li>Large Utility Room with Utility Sink &amp; Folding Table*</li>
<li>Granite Counter and Knotty Alder Cabinets</li>
<li>Oil Rubbed Bronze Finish Door Hardware</li>
<li>Oil Rubbed Bronze Fixtures</li>
<li>Can Lights in Kitchen and Front Porch*</li>
<li>2 Ceiling Fans*</li>
<li>Vinyl Double-Pane Low-E Windows with Screens in Almond Color</li>
<li>Dramatic 8’Knotty Alder Entry Door*</li>
<li>8’Santa Fe Plank Doors with Ceilings 9’ or Taller</li>
<li>Service Door to Garage*</li>
<li>Photo Cell on Garage and Exterior Lights</li>
<li>Fully Finished Garage</li>
<li>8’ Carriage House Style Metal Insulated Garage</li>
<li>Doors with Decorative Handles*</li>
<li>1 Garage Door Opener</li>
<li>30 Year Architectural Roof Shingles</li>
<li>Abundant Stone on Front of Home*</li>
<li>Air Conditioning, Gas Furnace and Water Heater</li>
</ul>
<p><em>*This item is plan specific; please verify which plans apply with community sales agent. Plan and Specifications subject to change without notice.</em></p>
<p><strong><span style="text-decoration: underline;">Warranty</span></strong></p>
<ul>
<li>2 Year Builder Warranty</li>
</ul>
<p>﻿</p>
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		<title>Boise Open Houses and Community Tours</title>
		<link>http://www.boisehunterhomes.com/2010/02/boise-open-houses-and-community-tours/</link>
		<comments>http://www.boisehunterhomes.com/2010/02/boise-open-houses-and-community-tours/#comments</comments>
		<pubDate>Mon, 08 Feb 2010 15:10:09 +0000</pubDate>
		<dc:creator>Trey</dc:creator>
				<category><![CDATA[Boise Hunter Homes News]]></category>

		<guid isPermaLink="false">http://www.boisehunterhomes.com/?p=2359</guid>
		<description><![CDATA[Most people determine a location of their next home based on work or where there life resides whether it is related to kids, schools, families  or whatever drives your life. Boise Hunter Home is currently building in Saguaro Canyon and Saguaro Springs in Meridian, Lakemoor in Eagle and Rolling Hills at Hidden Springs. You are [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>Most people determine a location of their next home based on work or where there life resides whether it is related to kids, schools, families  or whatever drives your life. Boise Hunter Home is currently building in <a href="http://www.boisehunterhomes.com/our-communities/saguaro-canyon/">Saguaro Canyon</a> and<a href="http://www.boisehunterhomes.com/our-communities/saguaro-springs/"> Saguaro Springs</a> in Meridian, <a href="http://www.boisehunterhomes.com/our-communities/lakemoor/">Lakemoor</a> in Eagle and <a href="http://www.boisehunterhomes.com/our-communities/rolling-hills-at-hidden-springs/">Rolling Hills at Hidden Springs</a>. You are welcome to tour any of these communities and from noon to 6pm each day check out the model homes. We just recently opened the model home in Rolling Hills.</p>
<p>Many times people are busy and would like a private showing. No problem. Call us @ 208-577-5507 and we can arrange to meet you at your convenience or just know that you are coming.</p>
<p>If 2010 is going to be your year for a new home you can also <a href="mailto:Sales@BoiseHunterHomes.com" target="_blank">email </a>us for more information or to schedule a showing of one of our homes.</p>
<p><br class="spacer_" /></p>
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		<title>Video Tour of Treasure Valley&#8217;s most successful masterplanned community designed for open space</title>
		<link>http://www.boisehunterhomes.com/2010/02/video-tour-of-treasure-valleys-most-successful-masterplanned-community-designed-for-open-space/</link>
		<comments>http://www.boisehunterhomes.com/2010/02/video-tour-of-treasure-valleys-most-successful-masterplanned-community-designed-for-open-space/#comments</comments>
		<pubDate>Tue, 02 Feb 2010 15:12:57 +0000</pubDate>
		<dc:creator>Trey</dc:creator>
				<category><![CDATA[Boise Hunter Homes News]]></category>

		<guid isPermaLink="false">http://www.boisehunterhomes.com/?p=2347</guid>
		<description><![CDATA[You may have heard of Hidden Springs but did you know there is a phase called Rolling Hills that sets above the valley floor over looking Hidden Springs? If you have the desire to have a quality home that overlooks a vast span of the foothills check out Rolling Hill at Hidden Springs.



View Rolling Hills [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>You may have heard of Hidden Springs but did you know there is a phase called Rolling Hills that sets above the valley floor over looking Hidden Springs? If you have the desire to have a quality home that overlooks a vast span of the foothills check out Rolling Hill at Hidden Springs.</p>
<p style="text-align: center;">
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</p>
<p style="text-align: center;">View <a href="http://www.boisehunterhomes.com/our-communities/rolling-hills-at-hidden-springs/">Rolling Hills Community Information</a></p>
<p style="text-align: center;"><a href="http://www.boisehunterhomes.com/our-communities/rolling-hills-at-hidden-springs/available-homes/"><img class="alignnone" src="http://www.boisehunterhomes.com/wp-content/uploads/2009/06/Homes-for-Sale-in-Community.gif" alt="" width="215" height="70" /></a></p>
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		<item>
		<title>Looking back and forward</title>
		<link>http://www.boisehunterhomes.com/2010/01/looking-back-and-forward/</link>
		<comments>http://www.boisehunterhomes.com/2010/01/looking-back-and-forward/#comments</comments>
		<pubDate>Wed, 13 Jan 2010 18:40:20 +0000</pubDate>
		<dc:creator>Trey</dc:creator>
				<category><![CDATA[Boise Hunter Homes News]]></category>

		<guid isPermaLink="false">http://www.boisehunterhomes.com/?p=2250</guid>
		<description><![CDATA[Last year at this time, when we were looking at the Boise new construction market, we knew it would take one thing to invite people take a serious look at our homes- Value. In a period where the buzz was around distressed property including Boise foreclosures and short sales we knew that to stand out [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>Last year at this time, when we were looking at the Boise new construction market, we knew it would take one thing to invite people take a serious look at our homes- Value. In a period where the buzz was around distressed property including Boise foreclosures and short sales we knew that to stand out we had to go the extra mile, maybe even a mile and a half.  That is why you will  find Boise Hunter Homes building in A-List communities and homes that display quality starting at the front door. Thanks to all of our clients who made 2009 our biggest and best year. It makes it easier and easier to say &#8220;Your Dream. Our Passion!&#8221;</p>
<p>If you would like to meet some of our home owners and why they selected Boise Hunter Homes. Hear them roar! <a href="http://www.boisehunterhomes.com/about/testimonials/">Video testimonials</a></p>
<p><a href="http://www.boisehunterhomes.com/about/testimonials/"><img class="alignnone size-full wp-image-2251" title="Client Testimonials" src="http://www.boisehunterhomes.com/wp-content/uploads/2010/01/Client-Testimonials.gif" alt="Client Testimonials" width="532" height="154" /></a></p>
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		<item>
		<title>It is all about value.</title>
		<link>http://www.boisehunterhomes.com/2009/12/it-is-all-about-value/</link>
		<comments>http://www.boisehunterhomes.com/2009/12/it-is-all-about-value/#comments</comments>
		<pubDate>Tue, 29 Dec 2009 16:01:34 +0000</pubDate>
		<dc:creator>Trey</dc:creator>
				<category><![CDATA[Boise Hunter Homes News]]></category>

		<guid isPermaLink="false">http://www.boisehunterhomes.com/?p=2178</guid>
		<description><![CDATA[Over the past 4 years, Boise Hunter Homes has been steadily growing and this year became the #1 move-up home builder in Boise ,including Eagle and Meridian. What is a move-up builder? There are several categories of home buyers. Most people are familiar with the phrase &#8216;first time home buyer.&#8217; These people are buying their [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>Over the past 4 years, Boise Hunter Homes has been steadily growing and this year became the #1 move-up home builder in Boise ,including Eagle and Meridian. What is a move-up builder? There are several categories of home buyers. Most people are familiar with the phrase &#8216;first time home buyer.&#8217; These people are buying their first home, or starter home. As life continues, people want a different home and many times are looking for higher quality amenities, more space and something that better fits their lifestyle.</p>
<p>BHH acquired three new communities in 2009- <a href="http://www.boisehunterhomes.com/our-communities/rolling-hills-at-hidden-springs/" target="_blank">Rolling Hills at Hidden Springs</a>, <a href="http://www.boisehunterhomes.com/our-communities/lakemoor/" target="_blank">Lakemoor in Eale</a>, and <a href="http://www.boisehunterhomes.com/our-communities/saguaro-springs/">Saguaro Springs in Meridian</a>. While these communities are A- list subdivisions, it has been the price point and quality of the homes that brought buyers in. Boise Hunter Homes has been able to acquire lots below what they were priced at even 1 year ago (much less 2005 prices) due to our financial stability and buying power. We pass this value on to our clients. If you study new construction you will see that value and price point all start with lot prices. Why? If our competition buy similiar lots for $15k higher, we have a $15k head start on value. That is a lot of money we can infuse into the home and make our homes look that much better. Stop by any of our model homes and we believe you too will see the difference. A recent client compared our homes to 80 homes and found BHH to be the best value. We have sold to several industry professionals this year as well. Why are they buying our homes? VALUE!</p>
<p>
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		<item>
		<title>What do football and real estate have in common?</title>
		<link>http://www.boisehunterhomes.com/2009/12/what-do-football-and-real-estate-have-in-common/</link>
		<comments>http://www.boisehunterhomes.com/2009/12/what-do-football-and-real-estate-have-in-common/#comments</comments>
		<pubDate>Fri, 18 Dec 2009 13:42:57 +0000</pubDate>
		<dc:creator>Trey</dc:creator>
				<category><![CDATA[Boise Hunter Homes News]]></category>
		<category><![CDATA[Sponsorships]]></category>
		<category><![CDATA[Boise]]></category>

		<guid isPermaLink="false">http://www.boisehunterhomes.com/?p=2058</guid>
		<description><![CDATA[Okay yes, Boise Hunter Homes is a corporate sponsor of BSU but the answer is stats. Everyone in the home industry and sport fanatics loves to break it down by the numbers. You won&#8217;t believe how well BSU Football did.

View 
]]></description>
			<content:encoded><![CDATA[<p></p><p>Okay yes, Boise Hunter Homes is a corporate sponsor of BSU but the answer is stats. Everyone in the home industry and sport fanatics loves to break it down by the numbers. You won&#8217;t believe how well BSU Football did.</p>
<p><a href="http://www.boisehunterhomes.com/wp-content/uploads/2009/12/BSU-Standard-Of-Excellence.jpg" target="_blank"><img class="alignnone size-thumbnail wp-image-2059" title="BSU-Standard-Of-Excellence" src="http://www.boisehunterhomes.com/wp-content/uploads/2009/12/BSU-Standard-Of-Excellence-80x80.jpg" alt="BSU-Standard-Of-Excellence" width="80" height="80" /></a></p>
<p><a href="http://www.boisehunterhomes.com/wp-content/uploads/2009/12/BSU-Standard-Of-Excellence.jpg" target="_blank">View </a></p>
]]></content:encoded>
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		<item>
		<title>Did they say phenomenal?</title>
		<link>http://www.boisehunterhomes.com/2009/12/did-they-say-phenomenal/</link>
		<comments>http://www.boisehunterhomes.com/2009/12/did-they-say-phenomenal/#comments</comments>
		<pubDate>Mon, 07 Dec 2009 16:49:19 +0000</pubDate>
		<dc:creator>Trey</dc:creator>
				<category><![CDATA[Boise Hunter Homes News]]></category>

		<guid isPermaLink="false">http://www.boisehunterhomes.com/?p=2037</guid>
		<description><![CDATA[One of the things successful businesses figure out early is that it is much easier to sell a product people really like. How does that happen? It takes people, but more importantly the right people who all share a common goal. These people must work well together, trust each other and have great communication. Is [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>One of the things successful businesses figure out early is that it is much easier to sell a product people really like. How does that happen? It takes people, but more importantly the right people who all share a common goal. These people must work well together, trust each other and have great communication. Is it easy? Any business will tell you it is not but when it involves 70,000 parts and a large investment from the buyer, hyper-communication is critical.</p>
<p>Building a home is not easy but with the right people in place it can look easy. It can also be easy for you. Meet the Fossgreens of <a href="http://www.boisehunterhomes.com/our-communities/lakemoor/">Lakemoor in Eagle, Idaho</a>. Have they set the bar too high. Definitively &#8220;no.&#8221; This is what we do everyday and how we treat every customer.</p>
<p><br class="spacer_" /></p>
<p>
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		<title>The Home Buyer Tax Credit is for you</title>
		<link>http://www.boisehunterhomes.com/2009/12/the-home-buyer-tax-credit-is-for-you/</link>
		<comments>http://www.boisehunterhomes.com/2009/12/the-home-buyer-tax-credit-is-for-you/#comments</comments>
		<pubDate>Sun, 06 Dec 2009 15:54:48 +0000</pubDate>
		<dc:creator>Trey</dc:creator>
				<category><![CDATA[Boise Hunter Homes News]]></category>
		<category><![CDATA[Promos]]></category>

		<guid isPermaLink="false">http://www.boisehunterhomes.com/?p=2024</guid>
		<description><![CDATA[
The Homebuyer Tax Credit was scheduled to expire at the end of November but your opportunity to save thousands on a new home is still available.
Here are some answers to common questions about the new rules.
 Q: What has stayed the same in the new law?  
1) First-time home buyers still get a credit [...]]]></description>
			<content:encoded><![CDATA[<p></p><p><a href="http://www.boisehunterhomes.com/wp-content/uploads/2009/12/Home-Buyer-Tax-Credit-FAQ.png"><img class="alignnone size-full wp-image-2031" title="Home Buyer Tax Credit FAQ" src="http://www.boisehunterhomes.com/wp-content/uploads/2009/12/Home-Buyer-Tax-Credit-FAQ.png" alt="Home Buyer Tax Credit FAQ" width="256" height="128" /></a></p>
<p>The Homebuyer Tax Credit was scheduled to expire at the end of November but your opportunity to save thousands on a new home is still available.</p>
<p>Here are some answers to common questions about the new rules.</p>
<p><strong> <em>Q: What has stayed the same in the new law? </em> </strong></p>
<p>1) First-time home buyers still get a credit of as much as 10% of the purchase price, up to a maximum $8,000. &#8220;First-time&#8221; means people, including both partners of a married couple, who haven&#8217;t owned a principal residence for three years before the purchase.</p>
<p>2) All taxpayers who claim a credit must use the home as a principal residence for the next three consecutive years.</p>
<p>3) The credits offer dollar-for-dollar reductions of tax and are refundable. This means that a taxpayer who doesn&#8217;t pay enough tax to offset the credit can get a refund. For example, if you qualify for an $8,000 credit but only owe $5,000 in tax, you could receive a $3,000 check from the Internal Revenue Service.</p>
<p>4) Under the new law, as under the old, 2009 home buyers may claim the credit on either their 2008 or 2009 returns, and 2010 buyers may claim the credit on either their 2009 or 2010 returns.</p>
<p>5) Taxpayers do not qualify for a credit if they buy from a lineal ancestor or descendent, including parents or grandparents and children or grandchildren.</p>
<p><strong> <em>Q: What has changed? </em> </strong></p>
<p>Several important features took effect as of Nov. 6:</p>
<p>1) To take advantage of the tax credits, a buyer must have a contract in place before May 1, 2010, and the deal must close before July 1, 2010. No further extension is expected.</p>
<p>2) The price of the house is now capped. For purchases made after Nov. 6, no credit is available for any home costing more than $800,000.</p>
<p>3) There is now a tax credit for repeat buyers as well as for first-time buyers. Taxpayers who have lived in one residence for five consecutive years of the past eight can now qualify for a tax credit of as much as 10% of the purchase price, up to a maximum $6,500, of a new principal residence. The new home does not have to cost more than the old one.</p>
<p>4) Income limits for people who qualify for a tax credit are far more generous than under the previous law. For single filers, the credits now phase out between $125,000 and $145,000 of modified adjusted gross income; for married couples, the range is $225,000 to $245,000. For most people, modified adjusted gross income will be the same as adjusted gross income.</p>
<p>5) The new law contains anti-abuse measures designed to stem fraud, which became a problem with the previous home-buyer tax credit. Most buyers must be 18 or older, and no taxpayer may take a credit if he or she is claimed as a dependent on someone else&#8217;s return. Taxpayers taking the credit will also have to furnish proof of purchase. According to Robert Dietz of the National Association of Home Builders, this will usually be a HUD-1 form.</p>
<p>6) People taking the tax credit, as under the old law, aren&#8217;t allowed to buy a home from a lineal ancestor or descendent. The new law, applying to purchases made after Nov. 6, also says a person may not take a credit if the home is purchased from a spouse or the spouse&#8217;s lineal relatives.<strong> <em> </em> </strong></p>
<p><em> <strong>Q: If I bought a house last spring or summer, can I get a tax credit? </strong> </em></p>
<p>You qualify if you are a first-time buyer and meet the other requirements, but not if you are a repeat buyer. The new credit for repeat buyers applies only to purchases made after Nov. 6.</p>
<p><em> <strong>Q: What is the definition of &#8220;principal residence&#8221;?</strong> </em></p>
<p>If you own more than one home, your principal residence is usually the one where you spend most of your time. In determining residence the IRS may also consider where your family lives and your mailing address for bills and correspondence, among other factors.</p>
<p><em> <strong>Q: Can a principal residence be something besides a conventional house?</strong> </em></p>
<p>Yes. A principal residence may also be a condominium, co-op apartment, attached or semi-attached townhouse, or even—if it has eating, sleeping and toilet facilities—a boat, motor home or trailer. Manufactured homes qualify in some states.</p>
<p><em> <strong>Q: Does the person who claims the credit have to use the home as a principal residence?</strong> </em></p>
<p>Yes.</p>
<p><em> <strong>Q: If I buy a new home and live in it, do I also have to sell my old one in order to take advantage of the credit? </strong> </em></p>
<p>This is unclear. The law appears to allow repeat buyers to retain their old home, for which no tax credit was given, while claiming a credit for the new one. What is clear is that if you buy a new home using the credit, you must use it as your principal residence.</p>
<p><em> <strong>Q: How may the credits be allocated among two or more unmarried buyers? </strong> </em></p>
<p>This also is unclear. But if the IRS adopts the rules that applied to the previous tax credit, which are detailed in IRS Notice 2009-12, there is room for planning. The notice says that taxpayers may use &#8220;any reasonable manner&#8221; to allocate the credit. It even provides an example in which two unmarried buyers allocate the credit to the lower earner in order to qualify for it.</p>
<p><em> <strong>Q: I need the credit refund to help make the down payment. What can I do? </strong> </em></p>
<p>There&#8217;s no rushing the IRS. But one option is to adjust your current withholding from your paychecks to reflect the fact that you will be taking the credit later. But be careful: If you don&#8217;t make the purchase, then you may owe interest and penalties. Consult a tax adviser.</p>
<p><em> <strong>Q: Is it possible to qualify for a credit if I am building a home on a lot I already own? </strong> </em></p>
<p>Yes, according to the National Association of Home Builders. The purchase date is usually considered to be the date of first occupancy, so you would need to move in before July 1, 2010.</p>
<p><em> <strong>Q: May I take a credit if I am building a large addition to my home? </strong> </em></p>
<p>No; these credits apply only to the purchase of a home.</p>
<p><em> <strong>Q: Are there special rules for the military?</strong> </em></p>
<p>Yes. In general, members of the military and foreignservice and intelligence communities who are serving overseas on &#8220;official extended duty&#8221; for at least 90 days during 2009 and the first four months of 2010 have an extra year to take advantage of these credits. Consult a tax adviser who specializes in this area.</p>
<p><em> <strong>Q: Where can I get more information?</strong> </em></p>
<p>Go to <a href="http://www.federalhousingtaxcredit.com" target="_blank">federalhousingtaxcredit.com</a>, a Web site sponsored by the National Association of Home Builders.</p>
<p>Source: <a href="http://online.wsj.com/article/SB10001424052748703808904574529512997057836.html" target="_blank">Wall Street Journal</a></p>
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<p><span style="font-size: medium;">Margaret H Harris<br />
 Home Federal Bank<br />
 Assistant Vice President<br />
 Builder Finanace Relationship Manager<br />
 O: (208) 465-8738<br />
 M: (208) 850-8331<br />
 <a href="mailto:mharris@myhomefed.com">mharris@myhomefed.com</a></span></p>
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