RSS
Home
Obama finalizes tax credit extension
Print
Email
RSS
Subscribe
The National Association of Realtors
Remember, you heard it here first!
Today the National Association of Realtors, to which I belong (of course), released its official press release in regards to the article that I had already published days earlier!
"On votes of 98- 0 and 403 - 12, the Senate and House have respectively passed legislation that includes an extension and expansion of the homebuyer tax credit. President Obama signed the legislation on Friday, November 6. Many parts of it take effect immediately. As of the signing of the legislation, the income limits increase to $125,000 adjusted gross income on a single return and $225,000 on a joint return. In addition, the so-called "move-up" credit is also in effect as of November 6. Thus, individuals who have used a home as a principal residence for 5 consecutive years of the past 8 years will be eligible for a $6500 refundable tax credit for purchases completed between November 6, 2009 and April 30, 2010."
As always, thanks for tuning into your Tampa Real Estate Examiner!
For more info: Please contact me via Facebook, MySpace, or Twitter. Also, feel free to checkout my website. As always, I appreciate your visit & look forward to your comments & feedback! Stay tuned for more great updates from your Tampa Real Estate Examiner - Josh Parker.
Related Articles:
Add a Comment
