000 tax credit: $8,000 Home Buyer's Tax Credit EXTENDED
- 11/06/09 02:40 AM
President Obama just signed the legislation to extend and expand the home buyer's tax credit. This is GREAT news! There are some new, great changes to the tax credit. The biggest change being that CURRENT HOMEOWNERS will now be eligible for an up to $6,500 tax credit. If you sell your home and buy another (aka relocate) AND you've lived in your current home for at least 5 years, you may be eligible for the tax credit. I will post the details of this fully under the $8,000 Tax Credit link on the left side of my web site at www.azhouseagent.com. … (2 comments)
000 tax credit: $8,000 Tax Credit Not Extended, YET
- 11/02/09 12:18 PM
I'd like to clarify the issue of the $8,000 first time home buyer's tax credit. As of today, the deadline is still November 30. It has not yet been extended. I do, however, think that it will be extended soon. Sentaor Harry Reid is hoping to attach the proposal to an unemployment benefits bill that may reach the Senate floor this week. "We do expect this tax credit plan to be considered as a part of the unemployment bill at some point," said Regan Lachapelle, a spokeswoman for Reid. In addition to extending the time limit for the tax credit, there … (0 comments)
000 tax credit: $8,000 First Time Home Buyer Tax Credit
- 04/23/09 09:11 AM
$8,000 First Time Buyer Tax Credit If you are thinking about purchasing a home, don't wait. Now is a great time, especially if you are a first-time home buyer. Part of the economic recovery plan includes a dollar-for-dollar tax credit of up to $8,000 if you purchase a home January 1, 2009 to December 31, 2009. This is a CREDIT, not a deduction. That means that the amount of taxes you would owe the IRS for year 2009 are decreased by that amount. Below are some of the basic highlights of the tax credit and here is a link to the … (0 comments)
This is a blog dedicated to the housing market in Peoria, AZ and the surround areas of Anthem, Glendale, Phoenix, Scottsdale (including Vistancia, Arrowhead Ranch, Sonoran Mountain Ranch, Westwing, Cibola Vista and many more).
President Obama just signed the legislation to extend and expand the home buyer's tax credit. This is GREAT news! 
;)
;)
