federal tax credit: Need Extra Time to Finalize Your Charlotte Home Purchase to Qualify for Tax Credits? - 07/18/10 10:53 PM
Need Extra Time to Finalize Your Charlotte Home Purchase to Qualify for Tax Credits? The government has approved a plan giving homebuyers an extra three months to complete qualifying for federal tax incentives, however this approval does not apply to new Contracts. You will have until September 30, 2010, to close on your Charlotte home and qualify for tax credits of up to $8,000 only if you were under Contract as of April 30, 2010. (First-time buyers are eligible for a tax credit of up to $8,000. Current owners who bought and are moving into another home could qualify for … (5 comments)
|
federal tax credit: Understanding the $8000 / $6500 Tax Credit - 12/27/09 03:12 PM
Understanding the $8000 / $6500 Tax Credit Credits Offered to both First Time Home Buyers and on Purchase of a New Primary Residence There are key dates and conditions involved in this process if you expect to qualify for the $8000 or $6500 tax credit.
Some of the basics are:
· Homes valued at $800,000 or more do not qualify.
· A first-time buyer does not mean a person who has never purchased a home. The IRS defines a first-time buyer as anyone who has not owned a principal residence during the three-year period prior to the purchase.
· If you’re married, you … (12 comments)
|
federal tax credit: Tax Credit Bill Signed, Sealed and Delivered - 11/07/09 07:38 AM
Tax Credit Bill Signed, Sealed and Delivered On Friday, November 6, 2009, President Obama signed a bill which will extend the $8000 tax credit for *qualifying first-time home buyers through June 2010. First time home buyers will receive the $8,000 Federal tax credit if they:
1. Sign a contract by April 30, 20102. Close on the home by June 30, 2010.
The new bill will also provide a $6,500 credit for current homeowners who purchase a new primary residence, and have lived in their current home for at least five of the previous 8 years.
*The bill has a few provisions including:
Single tax filers … (11 comments)
|
federal tax credit: Questions Answered About the $8,000. Homebuyer Tax Credit - 06/05/09 09:44 AM
Questions Answered About the $8,000. Homebuyer Tax Credit Rob Dietz, Ph.D. discusses the $8,000 first-time home buyer tax credit in this video interview provided by the National Association of Home Builders.
What does the $8,000 tax credit mean for you?
Buy a home and you may qualify for the $8,000 tax credit on your 2009 taxes Even if you don't owe $8,000 in taxes, you may receive a refund check for the difference You or your spouse can't have previously owned a home in the last 3 years You cannot make more than $75,000 adjusted gross income, or if … (12 comments)
|
federal tax credit: Why Buy a Home in 2009? - 05/11/09 06:31 PM
Why Buy a Home in 2009?
There has never been a better time to buy! $8,000 federal tax credit is available! Interest rates are low, low, low! Some lenders are even offering free insurance that will pay your mortgage for one year in the event that you are laid off!
What does the $8,000 tax credit mean for you?
Buy a home and you may qualify for the $8,000 tax credit on your 2009 taxes Even if you don't own $8,000 in taxes, you may receive a refund check for the difference You or your spouse can't have … (1 comments)
|
|
|
|
;)
;)
;)
