Archive for the ‘Real Estate’ Category
If you’re planning on claiming the First-Time Homebuyer Tax Credit on your 2009 tax return you’re going to have to provide some extra documentation when filing.
Not sure what documents you’re required to include? The IRS has provided some guidance on the topic.
Required Documentation For The Homebuyer Tax Credit
The IRS includes these tips on their site as to what you’ll need to include in order to claim the tax credit.
- Settlement Statement: Purchasers of conventional homes must attach a copy of Form HUD-1 or other properly executed Settlement Statement.
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Extended Home Buyer Tax Credit May Not Be Good For Existing Buyers You may have heard that that First Time Home Buyer Tax Credit was extended until April 30th, 2010. In that extension a new group of home buyers were included - Existing Home Buyers! The credit is a maximum of $6,500. For existing home buyers: They had to live in their...... -
Tax Credit for Golf Carts - Another Unintended Consequence? After reading about this yesterday, I thought, "Unbelievable, taxpayers paying for golf cart purchases." Then I thought, "Nah, situation normal, another unintended consequence from government stimulus intervention."As part of the Emergency Economic Stabilization Act (ESSA) and the American Recovery and Reinvestment Act (ARRA), two tax credits were created for plug-in......
As a reminder, this is the second post of a two post series helping you answer the question: Should you sell your house?
The first post looked at the financial considerations of selling your house. I discussed costs in selling and buying, interest rates, whether or not selling will help you get out of debt sooner, how long you’ve been in the house and the current tax credit consideration.
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Salt Lake City Still Booming According to the Desert Times, Salt Lake City housing is likely to keep booming!Plunging housing sales and sagging values may mean the end to one of the nation's biggest housing booms, but Salt Lake City's hot housing market will likely continue to show double-digit price gains for at least another...... -
How Can You Earn A Another Income With Your Own Home Business? There are many people that are going internet to find ways to help them earn a second income. There are so many different ways that you can do this online. The best thing about starting an internet business is that you can work on it when you have time and......
With the turn of the new year many people are considering selling their house and looking for a new one. They ask, “Should I sell my home, or is it the right time to sell?”
Traditionally speaking, early in the year has been a good time to put your house on the market. After the holidays buyers are typically out on the market looking for houses. But even if it’s not the beginning of the new year, spring will soon be upon us and the market will pick up with potential buyers looking for the right house, at the right location and the right price. So, if you’re considering selling your house, is it the right decision?
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Sell Your House Fast and Make More Money Doing It Are you thinking about selling your house? If you hope to make good cash for houses, you might want to consider avoiding the costs associated with using a realtor, and speed up the process by using a house-buying service like i buy houses. Basically, these house buying services cut out...... -
Costs of Commuting, and Nine Ways To Reduce Them This is a guest post submitted by Ramsay who writes for needmoneytips.com, a blog about personal finance and supplemental income. Have you ever figured out how much you are spending just to go to and from work everyday? There are a lot of things to consider like gas, tolls, parking......




