Few file for China drywall tax cut
The Hillsborough County Property Appraiser's Office is offering a break to homeowners with tainted drywall imported from China and is surprised more people aren't taking advantage of it. "I thought the phone would be ringing off the hook," said Jack Flenniken, director of residential valuation for the county. So far, 220 cases have been filed with the office, although business seems to be picking up. Flenniken said about 40 homeowners registered for the program last week. The office has estimated that as many as 2,500 Hillsborough County homes could have the drywall. It was used in up to 100,000 homes across the nation during the housing boom. After an evaluation, Hillsborough County is offering to halve the estimated value of a home in the worst cases. The value of the land would not be included in the deduction. Everyone who has asked has gotten the full discount, Flenniken said.
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