Home Buyers Tax Credit Explained for 1975 Purchases
New York consumers are offered a 5 percent tax credit up to $2,000 for buying a new principal residence in 1975. The credit applies to single family homes, condos, coops, and even mobile homes, with specific occupancy and purchase timing rules. Couples share a $2,000 cap. two-family homes allocate credit to the portion used as a residence.
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Airport unit moves ahead with safety force plan
Cedar Rapids airport commission approves interviewing for a chief and forming a 13 member safety force to handle law enforcement and fire security. Current setup uses airport fire station as a branch of the city fire department and off duty police for terminal security. Legal questions loom on civil service status and pension eligibility with possible court action.
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