Dwayne Coots » First Time Home Buyer Tax Credit http://dwaynecoots.com Internet Business Consultant - Strategic Enterprise Consulting Thu, 17 May 2012 11:49:08 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Great Real Estate Opportunities http://dwaynecoots.com/news/great-real-estate-opportunities/ http://dwaynecoots.com/news/great-real-estate-opportunities/#comments Fri, 30 Dec 2011 09:00:03 +0000 Dwayne http://dwaynecoots.com/?p=210 Carolina Beach Real Estate

Right now there is a once in a life time opportunity to take advantage of a tax credit opportunity. The timing couldn’t be better to take advantage of this opportunity. The best place to take advantage of this opportunity is Wilmington NC Real Estate . This opportunity is available for any first time homebuyers, so all your readers of dwaynecoots.com really need to hear about this. Who can’t use an $8,000 tax credit? The tax credit is for those who have not owned a home in the last three years. The federal government is urging all qualified homebuyers to take action and nail down a written, binding contract as there will be no future extensions. The deadline is April 30, 2010. Closing is expected to take place before June 30, 2010. Approximately 2 million people have taken advantage of the housing stimulus that the tax credit provides in 2009. According to The National Association of Realtors News Release, dated 11/5/09, already added to the general economy resulting from the bill is an estimated $22 billion.
The hope is that this substantial $8,000 tax credit will help stimulate movement in the real estate sector and assist would be home owners into a new home in our current market. There are income limits for this plan. Income limits at this juncture are $125,000 for single persons, $225,000 for married couples this also includes a $20,000 phase out of the credit for both.
Also included in this opportunity are homeowners who have lived in a current home for at least five consecutive years of the last 8 years. These individuals can receive up to a $6,500 tax credit. So contact your tax professional or Carolina Beach Real Estate and take advantage of this once in a lifetime

]]> http://dwaynecoots.com/news/great-real-estate-opportunities/feed/ 0 Buying First Home? Do not miss out on the First Time Home Buyer Tax Credit. http://dwaynecoots.com/news/buying-first-home-do-not-miss-out-on-the-first-time-home-buyer-tax-credit/ http://dwaynecoots.com/news/buying-first-home-do-not-miss-out-on-the-first-time-home-buyer-tax-credit/#comments Thu, 27 Oct 2011 16:38:34 +0000 Dwayne http://dwaynecoots.com/?p=123 Right now there is an opportunity that First Time Home Buyers can’t pass up. The Federal government is offering a tax credit of up to $8,000. If you are even just starting to think about buying a home for the first time you really need to look into this.
This is an opportunity that will end on April 30, 2010. Between now and April 30, 2010, first time homebuyers can receive a federal income tax credit of up to $8,000 if they purchase a home. This federal tax credit that will not be extended! This applies if you are a first time home buyers or those who have not owned a home in the past three years. This is a fantastic opportunity for first time homebuyers who have been thinking about getting into the real estate market. You won’t have an opportunity like this again in your lifetime. If you have an income level of less than $125,000 for singles or $225,000 for married couples you may qualify.
If you are going to take advantage of this opportunity, you really need to get moving. You have to sign the written binding agreement prior to April 30, 2010 and close on the home by June 30, 2010. The thing to do is contact your tax professional or your local Coldwell Banker since other restrictions may apply. This offer will not be extended so get moving. This is something that you will tell your grandchildren about.

Buying First Home

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