Military Personnel Can Still Claim The $8,000 Homebuyer Tax Credit
For certain members of the military, and for certain federal employees, there's just 2 months remaining to get use the federal home buyer tax credit.
For certain members of the military, and for certain federal employees, there's just 2 months remaining to get use the federal home buyer tax credit.
Looking for an extra 2010 tax deduction? Consider making your January mortgage payment a few days early.
Contrary to what you may have read (or heard), the federal home buyer tax credit has not been extended past June 30, 2010. At least not yet.
More than 60 percent of U.S. homes are "over-assessed", says an industry trade group. It causes homeowners to pay more in property taxes than they otherwise should have to. You might be one of them. Have you considered fighting it?
As expected, Existing Home Sales fell in February, slipping 30,000 units versus January's numbers. It's the 4th straight month in which Existing Home Sales were lower, month-over-month. But it may not last long.
There's just 30 days remaining to use the federal home buyer tax credit. The credit ranges up to $8,000 for first-time homebuyers, and up to $6,500 for existing homeworkers who have lived in their main home for 5 of the last 8 years.
If you're among the Americans expecting a tax refund this year, this 4-minute piece from NBC's The Today Show may be helpful. It's a talk about how to receive a refund and what to do with it.
In November, Congress extended and expanded the First-Time Home Buyer Tax Credit program to include a subset of "move-up" buyers -- homeowners that have owned and lived in their home for 5 of the last 8 years. The credit ranges up to $8,000 per buyer. There's now just 7 weeks left to take advantage. To be eligible, home buyers must be under contract for a new home no later than April 30, 2010, and must be closed no later than June 30, 2010.
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