$15,000 Home Buyer Tax Credit Gets Another Boost
source: http://moneywatch.bnet.com/saving-money/blog/home-equity/15000-home-buyer-tax-credit-gets-an...
-
-
- IlyceGlink
- added this
Good news could be on the way for home buyers, a $15,000 tax credit may be extended to all home buyers.
The House (H.R. 1245) and Senate (S.1230) each have bills that would:
* Increase the first-time home buyer tax credit from $8,000 to $15,000;
* Expand the tax credit’s eligibility to apply to any buyer;
* Eliminate the $75,000/$150,000 income cap;
* Extend the tax credit for one year from the date of enactment.
Real estate has brought this country (and the world) out of our last several recessions. This could be an important step towards recovery.
The House (H.R. 1245) and Senate (S.1230) each have bills that would:
* Increase the first-time home buyer tax credit from $8,000 to $15,000;
* Expand the tax credit’s eligibility to apply to any buyer;
* Eliminate the $75,000/$150,000 income cap;
* Extend the tax credit for one year from the date of enactment.
Real estate has brought this country (and the world) out of our last several recessions. This could be an important step towards recovery.
-
- groups:
- Community
-
- tags:
- Economy, Government, Money, Real Estate, 4 more
