RockREI | April 7, 2009
New Home Buyer Incentive
There has been quite a bit of information available about the new home buyer tax incentive. Many trade journals have included a review of the policies and terms. There has been less coverage however, in the main stream media. The issue of whether or not prospective buyers fully understand the tax incentives [...]
RockREI | April 6, 2009
FIRST-TIME HOMEBUYER TAX CREDIT
As Modified in the American Recovery and Reinvestment Act
Major Modifications Italicized
FEATURE
CREDIT AS CREATED JULY 2008
APPLIES TO ALL QUALIFIED PURCHASES ON OR AFTER APRIL 9, 2008
REVISED CREDIT –
EFFECTIVE FOR PURCHASES ON OR AFTER JANUARY 1, 2009 AND BEFORE DECEMBER 1, 2009
Amount of Credit
Lesser of 10 percent of cost of home or [...]