Las Vegas Real Estate blog
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First Time Home Buyer Tax Credit Extended
There has been a lot of debate of the First Time Home Buyer Tax credit in the last several months, intensifying as the original November 30 deadline approached. Today, President Barack Obama signed into law bill H. R. 3548, granting an extension of the credit until April 30, 2010. The measure passed with an unprecedented show of bi-partisanship with a vote of 403-12 in the house and the Senate approving it unanimously.
First Time Home Buyer Tax Credit Changes
The bill made some changes to the original tax credit, aside from extending the deadline to A
Time Running Out for the First Time Home Buyer Tax Credit
Attention to all of you sitting on the fence. Time is running out for the First Time Home Buyer Tax Credit. Rumors have been flying around Washington for the last several months about a possible extension of the credit, but do you really want to gamble on the Federal government? After all, congress could simply reinstate the 2008 tax credit of $7,500 again that has to be paid back!
The 2009 credit officially ends on November 30th of 2009. In order to claim it, you have to meet certain qualifications which have been posted on this si
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