IRMO, SC — Southland Log Home buyers looking to realize their dreams of log home living, may be eligible for a fully refundable federal tax credit of up to $8,000.
A new law enacted last week expands the federal tax credit to move up homebuyers on purchases of qualifying new homes completed before July 1, 2010. In addition to this expansion, the program has been modified to extend the allowed time for first-time homebuyers and military personnel. Home buyers are eligible for a fully refundable federal tax credit of up to $6,500 on the purchase of a new residence, if they have owned and lived in their home for at least five consecutive years out of the last eight. First-time homebuyers are eligible for a credit of up to $8,000.
“The expansion and extension of the federal tax credit program creates a tremendous opportunity for our log home customers,” said Mike Bertram, executive vice president of Southland Log Homes. “As the provider of America’s Favorite Log Home™, we are ready to help buyers realize the unique joys of living in a log home.”
For more information about Southland Log Homes, visit southlandloghomes.com or call 800-641-4754. Buyers may learn more about the new housing tax credit at federalhousingtaxcredit.com and should speak with a financial or tax advisor.
About Southland Log Homes: Headquartered in Columbia, South Carolina, Southland Log Homes was founded in 1978 and is the largest log home company in the United States. Southland operates model home sales offices in ten states and has authorized Southland dealers located throughout the United States, Europe, and Asia. Model homes are located in Atlanta, GA; Baton Rouge, LA; Birmingham, AL; Charlotte, NC; Christiansburg, VA; Columbia, SC; Fredericksburg, VA; Gatlinburg, TN; Greensboro, NC; Greenville, SC; Houston, TX; Jackson, MS; Louisville, KY; Macon, GA; Memphis, TN; Nashville, TN; and San Antonio, TX,. For more information about Southland Log Homes, call 800-641-4754 or visit www.southlandloghomes.com.