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federal tax credit: What You Need to Know About the $8,000 Federal First-Time Homebuyer Tax Credit - 06/30/09 04:47 PM
Surely, by now, you have heard about the $8,000 Federal Tax Credit for First-Time Homebuyers for 2009. It truly is an amazing time to be a first-time homebuyer! The government is practically paying you to buy a home!
Here are a couple of things that you need to know about the $8,000 Federal Tax Credit for First-Time Homebuyers, which may help you to make up your mind to become a homeowner!
The tax credit is equal to 10% of the purchase price of the home up to $8,000, whichever is less. The amount of credit you receive is also influenced by … (0 comments)

federal tax credit: Thank You, Senator Isakson | U.S. Senate Unanimously Approves Senator Isakson's Housing Stimulus Amendment - 04/08/09 09:19 AM
GOOD NEWS! (And there doesn't seem to be that much of it lately!)
Last week, the U.S. Senate unanimously approved an amendment to the Fiscal Year 2010 Budget Resolution by U.S. Senator Johnny Isakson, R-Ga. The amendment seeks to stimulate the nation's declining housing market by providing for a $15,000 tax credit to individuals who purchase a home in the next year.
The limit on the housing stimulus tax credit will be $15,000 or 10% of the purchase price, whichever is less. Having been previously voted down and/or reduced in previous years, this amendment seems to have a good chance of … (2 comments)

 

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