Posts tagged as:

taxes

Buyer’s Delight – Tax Credit Additions | Extensions

Home Buyer Tax Credit November 9, 2009

If you were buying a home and rushing to close by Nov. 30th, you can now breathe a sigh of relief.  Let’s go over what’s happened and the rationale.

First Time Home buyer tax credit of $8,000 extended to April 30th, 2010 – NEW WRINKLES

If you are under contract by the 30th, you can still get [...]

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Sales Are Up 29% From Last Month | Real Estate Market Condition Report May 2009

May 16, 2009

Buying opportunities abound for value-savvy home shoppers in select markets across the nation, where prices have fallen to 2003 levels. While home prices are still declining on a year over year basis, they are falling at the slowest rate in five months, which indicates a degree of stabilization compared to recent months.
Attractive prices, [...]

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Georgia Home Buyer Tax Credit

Thumbnail image for Georgia Home Buyer Tax Credit May 12, 2009

Governor Perdue signed HB 261 yesterday creating a Georgia income tax credit up for the purchase of an eligible single-family residence.
Although the bill was signed yesterday, the credit is limited to eligible purchases made between June 1, 2009 and November 30, 2009.
The credit created by HB 261 can be claimed one time per taxpayer [...]

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In Depth Video On 2009 Tax Credit

April 27, 2009

I was planning on doing a video myself, but my company beat me to it. I thought this was a great video that explains the 1st time home buyer tax credit.

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Obama Just Paid You To Buy A Home

April 15, 2009

For the past 5 months I’ve heard about Obama’s plans non-stop. Not a single one of his plans have done or will do anything for the American economy. I’m not here to rant about bailouts, handouts or bonus checks. I’m here to talk about something incredibly awesome.
Sure you COULD get a [...]

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Home Buyer Tax Credit

February 28, 2009

New Changes to the Home Buyer Tax Credit.  I thought I would try to talk about it here as simply as possible.
2009 Home Buyer Tax Credit

Tax Credit is a True Tax Credit.  There is no repayment of it, unless you sell your home within 3 years. The "recapture" would take place at the sell of [...]

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Waiting for your $15,000 (instead of $7,500), PLEASE READ!

February 12, 2009

There’s a new tax credit that’s waiting for House approval that raises the tax credit from $7,500 to $15,000.  However you may not know the whole story!

It’s a TRUE tax credit – meaning if you don’t owe up to $15,000 in taxes in at least 2 successive years, you miss out on it.  Lower income [...]

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Double Down – Housing Stimulus up to $15,000

February 9, 2009

US Senator, Johnny Isakson, adding a $15,000 tax credit for homebuyers to the much talked about economic stimulus package. This tax credit would take the place of the current $7500 tax credit for first time homebuyers. Unlike the current credit, this one is for anyone buying a primary residence, not just first timers. It also [...]

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Do you Twitter?

October 16, 2008

Just a little note to remind folks that I’m pretty much jumping into to becoming a social media guru.  I want to be the one on the internets for all your real estate needs, so be sure to follow me @JarvisTeam .
I’ll be posting some follow up to the tax credit in the coming days.  [...]

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$7,500 Tax Credit – Are you going to get it?

October 16, 2008

On July 30th Pres. Bush signed a major housing bill (HR 3221) into law.  As part of the bill, Congress created a new, temporary tax credit to provide some incentive to buy a home.  Here’s a quick check list to see if you qualify:

Bought and CLOSED after April 9th, 2008
YOU MUST CLOSE BEFORE JULY 1st, [...]

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