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Explaining the Real Estate Tax Credit Extension

Ron Bell discusses the recent extension to the real estate tax credit.
http://www.youtube.com/watch?v=O4DIGCjuvF8

Home Buyer Tax Credit Extended and Expanded

Below is a great tool provided by L.J. Kutten detailing the Home Buyer Tax Credit and how it has been extended to April 30, 2010.  The handout also includes very commonly asked questions with detailed answers.  L.J. Kutten is a Reno tax advisor and his contact information is in the handout.  Here is the link:
Click Here […]

Breaking news; Tax credit extended, Reno homes may take breather…

2009-nar-issue-brief-homebuyer-tax-credit-changes-1104-1107.pdf 
OK, here it is, just as we expected, they extended the tax credit, this should help ease the crowding of the  Reno REO “buyers bus”.  Maybe this will allow some buyers with “bank owned breath” to get their dream Reno bank owned, Reno foreclosed home. 

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First-Time Home Buyer Tax Credit Information

With the new Home Buyer Tax Credit available, it seems that many who may want to take advantage of it have quite a few questions.  Please find the article below from the Federal Tax Credit website answering many of the frequently asked questions like who is eligible, how to apply for the credit and if you will  receive the […]

$8,000 Tax Credit Now Available For First-Time Home Buyers

The new economic stimulus law has brought a favorable tax credit to first-time home buyers.  The $8,000 credit is much more valuable than a regular tax deduction because it is a dollar-for-dollar reduction. Although $8,000 is the maximum amount for the credit, it is based on income, purchase date and the purchase price.  The tax […]

Some more Federal Tax Credit info. from the big boss…

To:                  All Coldwell Banker® Brokers and Sales Associates
From:             Jim Gillespie    
Date:              August 19, 2008
Re:                 First-Time Homebuyer Federal Tax Credit
As part of the “Housing and Economic Recovery Act of 2008” that was recently signed into law, Congress has created a new, temporary federal income tax credit to provide an incentive for first-time homebuyers. This is […]

Some more tax savings to consider….

I have compiled a list from various sources that I am hoping will help you, I know I found a few that I have been missing:

Some real estate tax changes et al………

After laboring over my extension, (really just a phone call), I thought I would share with you some tax changes for 2008.  This is a mash up of changes I recieved from various sources.  These changes should help real estate investors in Reno and other areas even more:

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