california tax credit first time homebuye: California Tax ; Forecasted to expire soon!
- 05/05/10 04:01 PM
You may be aware that the federal tax credit of $8,000 for each first time home buyer expired on April 30. While it was widely anticipated that it would be extended by Congress, it is at this time expired. The tax credit was a major factor increase the demand for houses and may be responsible for keeping prices higher than they otherwise would be. You may also be aware that the state of California initiated a $10,000 credit designed to replace the end of the federal tax credit. However, what you may not be aware that the $100 million allocated for … (1 comments)
You may be aware that the federal tax credit of $8,000 for each first time home buyer expired on April 30. While it was widely anticipated that it would be extended by Congress, it is at this time expired. The tax credit was a major factor increase the demand for houses and may be responsible for keeping prices higher than they otherwise would be. You may also be aware that the state of California initiated a $10,000 credit designed to replace the end of the federal tax credit. However, what you may not be aware that the $100 million allocated for … (1 comments)
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