latimes.com - 30 days ago
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Home-buyer tax credits A house in Philadelphia that's under contract to be bought. One economist estimated that the $8,000 tax credit for first-time home buyers led to 400,000 new home sales this year that would not otherwise have taken place. ( Matt Rourke / Associated Press / October 21 , 2009 )
Another Home Buyer Tax Credit Update
calculatedriskblog.com 10/28/2009 — Yesterday I heard a compromise had been reached on extending and expanding eligibility for the home buyer tax credit, and that the housing tax credit would be attached to the extension of unemployment benefits, and that the Senate would vote today - ...
A Compromise on Home Buyer Tax Credit?
cnbc.com 10/28/2009 — Posted By: Diana Olick Sources are telling me that there may be a compromise among Senators Dodd and Lieberman and Senate Finance folks, like Baucus and his staff. Here's how it would work, and again, this is just a source telling me this, not ...
First Time Home Buyer Tax Credit Extension Thoughts
moneyning.com 14 days ago — If you want to hit me, punch here. I’m numb and can’t feel it anyway.
As we talked about yesterday, the $8,000 first time home buyer tax credit is extended, and that even existing owners who buy will be able to get $6,500. The new requirements – signed purchase agreement ...
The home-buyer tax credit: Throwing good money after bad
washingtonpost.com 10/27/2009 — Congress and the administration seem likely to extend the first-time-home-buyer tax credit. Senate Majority Leader Harry M. Reid wants to extend it through December 2010 but phase out the amount over time; Republican Senator Johnny Isakson, a former ...
Home Buyer Tax Credit to be Extended and Expanded
calculatedriskblog.com 10/27/2009 — From Bloomberg: Senate Close to Deal Replacing Homebuyer Tax Credit The details: Income eligibility for first-time home buyers stays at $75,000 for individuals and $150,000 for couples. For move-up buyers, income eligibility is $125,000 for ...
Home Buyer Tax Credit Expanded and Extended
moneyning.com 15 days ago — After a successful trial run that boosted home sales and brought buyers back to the table, the government has extended the $8,000 first-time home buyers tax credit through June 2010.
Now it’s not just first-timers who are benefiting — the president also signed off on a new $6,500 tax ...
Home Buyer Tax Credit Revision
calculatedriskblog.com 10/29/2009 — From Bloomberg: Senate Said to Revise Plan to Extend, Expand Homebuyer Credit (ht Anthony) The article states the plan might still change . The details: Income eligibility for home buyers increases to $125,000 for individuals and $225,000 for ...
Home Buyer Tax Credit DOA?
calculatedriskblog.com 10/22/2009 — From Reuters: White House skeptical on renewing home buyers credit [Housing and Urban Development Secretary Shaun] Donovan told the Senate Banking Committee that while he was aware the program was popular with lawmakers, "At the same time, I am ...
The Federal and California New Home Buyer Tax Credits
calculatedriskblog.com 2/22/2009 — Michelle Singletary at the WaPo does an excellent job of explaining how the new Federal home buyer tax credit works: You Can Benefit, but Don't Get Caught by Details There are now two breaks in the tax code for first-time homeowners. Which credit you ...
Buyer Credit Is Focus of Inquiry
online.wsj.com 10/20/2009 — JOHN D. MCKINNON WASHINGTON -- The Internal Revenue Service is examining more than 100,000 suspicious claims for the first-time home-buyer tax break, another sign of potential trouble for the soon-to-expire program. The measure, adopted in February as ...
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