tag:blogger.com,1999:blog-6997881942153143742011-07-30T21:00:50.085-07:00Trish Williamshttp://www.blogger.com/profile/10005602913708974761noreply@blogger.comBlogger21100tag:blogger.com,1999:blog-699788194215314374.post-52962742547704713292009-11-06T16:06:00.000-08:002010-03-01T16:16:15.596-08:00<span class="Apple-style-span" style=" line-height: 14px; -webkit-border-horizontal-spacing: 2px; -webkit-border-vertical-spacing: 2px; font-family:arial, verdana, sans-serif;font-size:12px;"><p style="color: rgb(0, 0, 0); font: normal normal normal 12px/14px arial, verdana, sans-serif; ">Great news! </p><p style="color: rgb(0, 0, 0); font: normal normal normal 12px/14px arial, verdana, sans-serif; ">The Worker, Homeownership and Business Assistance Act of 2009, signed into law on Nov. 6, 2009, extends and expands the first-time homebuyer credit allowed by previous Acts.</p><p style="color: rgb(0, 0, 0); font: normal normal normal 12px/14px arial, verdana, sans-serif; ">Under the new law, <a id="OLE_LINK9" name="OLE_LINK9">an eligible taxpayer must buy a principal residence on or before April 30, 2010 and close on the home by June 30, 2010.</a> For qualifying purchases in 2010, taxpayers have the option of claiming the credit on either their 2009 or 2010 return. </p><p style="color: rgb(0, 0, 0); font: normal normal normal 12px/14px arial, verdana, sans-serif; ">The new law also:</p><p style="color: rgb(0, 0, 0); font: normal normal normal 12px/14px arial, verdana, sans-serif; "></p><ul><li>Authorizes the credit for long-time homeowners buying a new principal residence.</li><li>Raises the income limitations for homeowners claiming the credit. </li></ul><p></p><p style="color: rgb(0, 0, 0); font: normal normal normal 12px/14px arial, verdana, sans-serif; "><br />Members of the military, Foreign Service and intelligence community serving outside the U.S. should also be aware of <a href="http://www.irs.gov/newsroom/article/0,,id=215594,00.html" style="font: normal normal normal 12px/14px arial, verdana, sans-serif; color: rgb(28, 78, 128); text-decoration: underline; ">new benefits</a> in the law that apply particularly to them.</p><p style="color: rgb(0, 0, 0); font: normal normal normal 12px/14px arial, verdana, sans-serif; ">For more information, check out the IRS article <a href="http://www.irs.gov/newsroom/article/0,,id=204671,00.html">here</a>.</p></span><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/699788194215314374-5296274254770471329?l=listwithtrish.blogspot.com' alt='' /></div>Trish Williamshttp://www.blogger.com/profile/10005602913708974761noreply@blogger.com0tag:blogger.com,1999:blog-699788194215314374.post-57070854739921671282009-10-21T13:07:00.000-07:002009-10-21T14:22:46.257-07:00This blog will be a venue for me to post current information about the local market, as well as listings and real estate related news. You can also find me on <a href="http://www.facebook.com/profile.php?id=100000102936242&amp;ref=ts">Facebook</a>. <div><br /></div><div>One of the biggest questions I have lately, is when does the Home Buyer Tax Credit end? Here are a few articles below that discuss that question.<div><ul><li><a href="http://www.federalhousingtaxcredit.com/2009/faq.php">Federal Housing Tax Credit Frequently Asked Questions</a> - federalhousingtaxcredit.com</li><li><a href="http://money.cnn.com/2009/10/20/news/economy/homebuyer_tax_credit/?postversion=2009102013">No Decision Yet on Extending Home Buyer Credit</a> - CNN Money</li><li><a href="http://realtytimes.com/rtpages/20091015_taxcredit.htm">Home Buyer Tax Credit May End Sooner Than You Think</a> - Realty Times</li></ul></div></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/699788194215314374-5707085473992167128?l=listwithtrish.blogspot.com' alt='' /></div>Trish Williamshttp://www.blogger.com/profile/10005602913708974761noreply@blogger.com0