The new stimulus package will allow new home buyers, defined as those who have not owned a home in the last three years, to take the maximum $8,000 tax credit off their 2008 taxes even though the purchased will take place in 2009. The tax credit is 10% of the purchase price with a maximum [...]
Entries Tagged as 'Tips'
New Home Buyers Claim Tax Credit on 2008 Taxes for 2009 Purchase!
February 24th, 2009 · 3 Comments · Real Estate, Taxes, Tips
Stimulus package offers real $8,000 tax credit
February 17th, 2009 · No Comments · Economy, Market Updates, Real Estate, Tips
The new stimulus package, set to be signed in Denver today by President Barack Obama, will contain some help for first time home buyers. The previous tax credit, which had to be repaid over 5 years, has been replaced by a real $8,000 tax credit that does not have to be repaid. Homeowners who purchase [...]
A Greener Texas
February 9th, 2009 · No Comments · Green, Tips
Environmental groups support the proposed legislation for a new clean air bill, now in the Texas State Senate, that would require new Texas homes to be built with at least 15 percent more efficiency in energy use. Additionally, new appliances will have to use significantly less electricity than is now required. All of this is [...]
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