Posts Tagged ‘CA home buyer tax credit’
How the New Tax Reform Could Effect Real Estate
If you own a home or are thinking about purchasing one, you need to be aware of how the new proposed tax reforms could effect you and the effect they may have on the real estate market. Here are some of the proposed changes: Tax Increases/Doubling of the Standard Deduction. Taxes could increase for hundreds…
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California Homebuyer Tax Credit Extended
Today Governor Schwarzenegger officially signed an extension for the home buyer tax credit through December 31, 2010. The bill provides $200 million for tax credits, allocating $100 million for first time home buyers (defined as those who have not owned a home in the last 3 years) and $100 million for purchasers of new or…
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