Real estate blog entries tagged with georgia house bill 261 by Kimberly Luna Assoc. Broker, Beachy Beach Real Estate Panama City Beach FL (Beachy Beach Real Estate)

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Home : Blogs : Kimberly Luna Assoc. Broker, Beachy Beach Real Estate Panama City Beach FL : Welcome to Kim's Place : Tag "georgia house bill 261"

georgia house bill 261: Georgia Tax Credit Signed by the Governor - 05/13/09 09:06 AM

Governor Perdue has signed HB 261, creating a Georgia income tax credit up for the purchase of an eligible single-family residence. Although we are happy that the tax credit made it to the signing table, there were a few changes from the original bill that was passed by the Senate.
The credit is limited to eligible purchases made between June 1, 2009 and November 30, 2009. If you have already closed on your home purchase this year, you will not receive the credit. The credit can be claimed only one time per taxpayer.
The final version of the bill contains an amendment … (0 comments)

georgia house bill 261: What About the Georgia Tax Credit??? - 04/29/09 10:22 AM

Have you been waiting for an update about the Georgia Tax Credit for homebuyers?
Wait no more, here is the latest.
Yesterday evening while attending a business event, I was able to speak directly to Senator Chip Pearson about it. I asked him why the Governor had not signed the bill into law yet. He said that Governor Purdue is waiting for the April Revenue Figures to come in. Once he can see what the numbers are, he will begin to sign the bills that passed in the order of importance. Unfortunately, if the numbers are low some bills that passed will probably … (0 comments)

georgia house bill 261: Seeing the Glass Half Full..An Update on Georgia Tax Credits - 04/09/09 03:15 PM

Sometimes things don't turn out exactly the way we like, but if you are the kind of person that always looks for the positive in the situation you will appreciate this update.
When Saxby Chambliss worked so very hard to pass the $15,000 Federal Tax Credit we were so proud that it did at least reach the House floor. However, as you know the credit we wound up with is the $8,000 tax credit only available to first time home buyers (which is anyone who has not owned a home in the last 3 years ) We were disappointed that the original … (4 comments)

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Kimberly Luna Assoc. Broker, Beachy Beach Real Estate Panama City Beach FL

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