|
| |
first time buyers: Fed expected to keep US interest rates low - 12/14/09 10:00 PM
By Chris Flood
Published: December 14 2009 02:00 | Last updated: December 14 2009 02:00
The Federal Reserve is expected on Wednesday to maintain its pledge to keep US interest rates close to zero for "an extended period" after Ben Bernanke warned that US economic recovery still faced "formidable headwinds", such as tight credit conditions and rising unemployment.
Mr Bernanke's re-appointment as chairman of the Federal Reserve by the Senate banking committee is expected on Thursday. Investors, meanwhile, are increasingly wondering when he will signal any changes to the exceptionally loose US monetary policies and liquidity conditions that have propelled asset … (0 comments)
|
first time buyers: Expanded First-Time Home Buyer Tax Credit Becomes Law - 11/09/09 02:42 PM
Posted: November 6, 2009
In the hopes of sustaining the real estate market's recent momentum, Uncle Sam has made more than two-thirds of current homeowners and nearly all first-time buyers eligible for thousands of dollars in tax perks when they purchase a house. President Obama signed the Worker, Homeownership, and Business Assistance Act of 2009 into law Friday, a day after the House of Representatives approved it by a 403-to-12 vote. The legislation includes language that significantly expands the popular first-time home buyer tax credit that was enacted in February. The development represents a big victory for the real estate and … (0 comments)
|
first time buyers: First Time Buyer Tax Credit Seminar in Overland Park Kansas - 07/25/09 01:18 AM
<!--content start -->
Frequently Asked Questions About the Home Buyer Tax Credit
The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009.The following questions and answers provide basic information about the tax credit. If you have more specific questions, we strongly encourage you to consult a qualified tax advisor or legal professional about your unique situation. <!--content start -->
Who is eligible to claim the tax credit? First-time home buyers purchasing any kind of home—new … (0 comments)
|
first time buyers: 1031 exchange questions I get a lot - 03/29/09 12:13 AM
1031 exchange, also known as a Starker Trust, is used by a real estate investor who wants to sell an investment property he or she owns but does not want to pay any taxes. A 1031 exchange allows the seller of investment property to defer taxes by purchasing another property that costs at least as much as the property he or she is selling. There are very strict rules for using 1031 exchanges, and if you blog the deadlines or rules, the 1031 will not be valid.
Typically, you'll need a third-party company to hold your 1031 funds (you'll want … (0 comments)
|
first time buyers: 8,000 tax credit update. Will it be more or less?? - 02/17/09 11:29 AM
Home buyers who hoped for a $15,000 tax credit to buy a new home, as promised by the Senate, will be disappointed. A proposed $35 billion credit to support home sales was jettisoned in favor of a more modest $2 billion to $3 billion provision.
The proposal would eliminate the repayment requirement in an existing tax credit for first-time home buyers, and raise the credit to $8,000 from $7,500. Congressional aides cautioned Wednesday that the credit's size was still subject to negotiation.
… (3 comments)
|
|
|
|
|
|
David Van Noy, Jr.
Leawood,
KS
More about me…
Reece & Nichols Realtors
Address: 11500 Granada Lance, Leawood , KS, 66211
Office Phone: (913) 259-4663
Cell Phone: (816) 536-7653
Email Me
David Van Noy Jr. has made a commitment to his BLOGS just like his radio show and his daily commitment to excellence in selling real estate. "We run this place like a business, and just like a job that needs to be completed we will provide prompt and accurate information about the real estate market conditions and respond to any questions you have immediately."
 Links
Archives
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)