The much coveted, desired and advertised $8,000 first time homebuyer tax credit may be extended after all. Here is the latest: WASHINGTON (Reuters) – The U.S. Senate should act later this week to extend a $8,000 tax credit for first-time home buyers that is scheduled to expire soon, Democratic Sen. Bill Nelson said on Monday. [...]
Posts Tagged ‘tax credit’
First Time Home Buyer Tax Credit
There is a great article over at The East Valley Tribune website on how you may be affected by the stimulus plan. There is so much in that bill that it’s worth getting familiar with some of the practical elements. The article has information on the different tax credit provisions (relevant if you’re seeking a [...]
Buying a House in 2009 Could Mean You Pay No Income Taxes This Year
The stimulus bill has not passed Congress yet, but there is a lot of excitement in the housing industry about the $15,000 tax credit contained in the bill. The President is eager to get the bill passed through Congress and signed into law. Regardless of the wisdom of the bill (and I know there are [...]
