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Archive for the ‘Tax Credit’ Category
Don’t Miss the April 30th Tax Credit Deadline
In: Tax Credit
20 Apr 2010The popular $8,000 federal housing tax credit is set to expire April 30, 2010.  The tax credit gives a first time homebuyer a credit up to $8,000 and up to a $6,500 credit for a repeat homebuyer who has owned a home for five consecutive years out of the previous eight years. At this time it does not appear that [...]
There is great news for potential new homebuyers! The very popular $8,000 first time homebuyer tax credit has been extended and expanded. In addition to the $8,000 credit for first time homebuyers, the new legislation will allow qualified purchasers who have owned and occupied a primary residence for a period of five consecutive years during the [...]
Following the lead of the Federal Government, the Georgia State Legislator has passed Bill 261 allowing Georgia home buyers to apply for an additional tax credit of $3,600. This tax credit, combined with the $8,000 Federal Tax Credit, gives home buyers $11,600 to put towards the down payment of a new home. Unlike the Federal Tax [...]
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