Income Tax Tips When Selling Your Home The IRS publishes a helpful pamphlet called “publication 523 Selling Your Home”. It was last published for use with 2011 income tax returns. The publication contains tax information related to the sale of your home if you sold your main home during the previous tax year. What is […]
Home Owner Move-Up/Repeat Home Buyer Tax Credit FAQ
The Worker, Homeownership, and Business Assistance Act of 2009 has established a tax credit of up to $6,500 for qualified move-up/repeat home buyers (existing home owners) purchasing a principal residence after November 6, 2009 and on or before April 30, 2010 (or purchased by June 30, 2010 with a binding sales contract signed by April […]
Exisiting Home Owners qualify for a home owner tax credit
Home Owner Move-Up/Repeat Home Buyer Tax Credit FAQ The Worker, Homeownership, and Business Assistance Act of 2009 has established a tax credit of up to $6,500 for qualified move-up/repeat home buyers (existing home owners) purchasing a principal residence after November 6, 2009 and on or before April 30, 2010 (or purchased by June 30, 2010 […]
New 2009 Home Buyer Tax Credit Info-Tampa, Fl
The American Recovery and Reinvestment Act of 2009 ENHANCED HOME BUYER CREDIT Who Qualifies?: Anyone who has not owned a home for the preceding three years. That means you may still qualify for the incentive even if you and your spouse owned a home more than three years ago. How Much?: The incentive calls for […]