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A recent study and market analysis show the extension of the first-time home buyer tax credit and the addition of credit for existing homeowners is working for our economy. But the credits are set to expire in April and interest rates are beginning to rise from their near historic lows so the time to buy [...]
The first-time homebuyer credit is a new tax credit included in the recently enacted Housing and Economic Recovery Act of 2008. For homes purchased in 2008, the credit operates like an interest-free loan because it must be repaid over a 15-year period. The credit was expanded in 2009 for homes purchased in 2009, increasing the [...]
The Tax Loss Carry Back attached to the Unemployment Benefits Bill recently passed by congress and signed by the president has gotten little press but it may have great impact. First off, it will have the intended influence on stabilizing the Commercial Real Estate (CRE) market by helping potentially tens of thousands of mid level [...]
For those who have made a home in Florida and are considering a move to a new Florida home, one of the most important things to be aware of is the newly enacted Property Tax Portability Amendment. So just what is Property Tax Portability? A new Florida law allows residents that are moving from one [...]
FOR MORE INFO CONTACT:
Andrew Howe
Jacksonville FL: 904.758.3434
Cincinnati OH: 513.257.0749
AHowe@cranewoods.com
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