ARCHIVED BLOG POSTS
2009
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Part of the Economic Stimulus Plan presented in March included some provisions designed to help promote energy-efficient investments in homes.See Economic Stimulus Energy Incentives for details.Should you have any questions or need further information, please don't hesitate to contact me, (775) 2...
04/28/2009
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If you have a debt canceled or forgiven, that amount may be taxable as income.The Mortgage Debt Relief Act of 2007 allows taxpayers to exclude this amount as income if the discharge of debt was on their principal residence. This included debt reduced through mortgage restructuring, short sale, or...
04/24/2009
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One of the provisions of the Housing and Economic Recovery Act of 2008 was the First-Time Homebuyer Tax Credit. The Credit is designed to encourage first time buyers to go ahead and purchase their first home. The Credit amounts to 10% of the purchase price, and may be as much as $8,000.See Firt-T...
04/13/2009
Both UCLA and UCSB predict California’s unemployment rate will continue to soar and remain in the double digits until at least 2012. Both universities also had poor predictions for California’s retail spending, income, and future home prices. See California’s unemployment rate for the complete st...
04/06/2009
