Did you take advantage of the first-time home buyer tax credit in 2008? If so, you have to pay it back. I wish I was lying, but like George Washington, I can’t tell a lie. Also like George Washington, I have wooden teeth. But all the wooden teeth in the world can’t get me out of paying back this interest-free loan. If you’re in the same boat, read up on the details of this credit and the repayment requirements.
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Tag Archives: Tax Credits
The Basics of Tax Credits and Deductions
Does the thought of paying taxes send a chill up your spine? Find out how you can benefit in April from tax credits and deductions!
Homeowner Tax Deductions and Credits
Homeownership comes with a lot of advantages, especially when it comes to tax time. Make sure you’re not missing out on important home-related tax deductions. [...]
Winterizing Your Home
As much as we don’t want to admit it, winter is right around the corner. Winterizing your home is a very important part of home maintenance. Check out our tips that will help you get ready for the cold temperatures that come with the winter months.
Market Update – Home Sales Drop After Expiration of Tax Credits
Housing starts came in lower than expected, adding to the speculation that economic growth is slowing. Home builders have begun adjusting their building plans after existing home sales fell 30% in May because of the expiration of the federal home buyer tax credits.
Tax Tips for Homeowners – now in pictures!
Well, it’s tax time! And the deadline is looming. Here’s a question for you: Are you getting all the tax deductions you deserve!? We want [...]
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