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Helen Ga Real Estate Homes " Do I earn too much too much for the 2009 Tax Credit?"

By
Real Estate Agent with No. Georgia Mountain Realty

The American recovery and Reinvestment Act which was passed on Feb. 17, 2009 is available for homes purchased on January 1st, 2009 and before December 1st 2009....(KEEP that date in mind).  This tax credit does not have to be repaid.  The tax credit is equal to 10percent of the purchase price for our home, up to a maximum of $8,000. Now, if you purchased a home in 2009 before you knew about this, and have already filed your taxes, you can consider doing an amended return to collect on this.  Of course you have to be sure you are qualified.  And that includes your income if you are single and your combined incomes if you are married.  If you are single, your income can be no more than $75,000.  If you are married you can double that and have an incomes up to $150,000 for the full tax credit.

As always, consult your cpa, accountant, tax preparer or mortgage lender for additional information. 

 

The time to buy is now!  First time home buyers, take advantage of this incentive, it won't last!  And the best place to buy is my area, the northeast Georgia mountains.  Come to Helen, Ga, look around and find the perfect spot for you.  Sautee Nacoochee, has wonderful arts community.  Batesville, Clarkesville, Lake Burton all beckon you.  Clarkesville is a little jewel nestled in Habersham County which will tear at your heart!  Come visit and be prepared to stay! 

To see available properties in the area visit my site www.FlynnTaylor.com, or email me  Flynn@FlynnTaylor.com.

Prefer to talk?  Just drop me an email with your phone number or try my cell 706 839 8841 and leave a message.

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