Buying at Otto Milk has it's advantages.
Tax advantages that is. Think of all the money you can save, and use to decorate your new home instead.
LERTA Enhanced
LERTA is an acronym for Local Economic Revitalization Tax Act. The primary mission of LERTA is to improve the economic and business climate of certain residential and commercial districts. Purchasing at Otto Milk provides buyers with a very unique and powerful incentive. Each year for 10 years, buyers receive a tax credit of up to $6,180. This can mean more than a $500 a month reduction in your mortgage payments.
How Much Can I Save? Click here to download the worksheet
PDP Publishes LERTA Brochure
The Pittsburgh Downtown Partnership recently created a brochure to help condo buyers better understand the Downtown 10-year condo tax incentive program. It is a great tool, click here to view it online.