The U.S. Congress has approved a bill that extends and broadens tax credits that were set to expire this month. This is great news not only for home buyers but the American economy as a whole. The $8,000 tax credit has been a major factor in the turn around in the economy over the last [...]
Posted on September 14th by Ryan Penn, Denver Realtor: Many people we talk to about purchasing a home have been waiting out the market to see if home prices and interest rates are going to drop any further. Does this sound like you? Then keep reading. It’s hard to fault anyone for being cautious right [...]
***UPDATE: 5/4/2009 – Please be aware that because the tax deadline of Apr. 15th has passed you should definitely consult with a tax professional regarding filing an amendment/extension. Everyone’s tax situation is different and you should always speak with a CPA when amending taxes. (Ryan Penn) As part of the Treasury Department’s consumer outreach effort [...]
The Colorado Housing and Finance Authority and U.S. Rep. Ed Perlmutter Tuesday announced “CHFA JumpStart,” a program under the federal stimulus package to offer a tax credit to first-time homebuyers. The credit of up to $8,000 — authorized under the American Recovery and Reinvestment Act — would go to qualifying first-time homebuyers who purchase and [...]
***UPDATE: 5/4/2009 – Please be aware that because the tax deadline of Apr. 15th has passed you should definitely consult with a tax professional regarding filing an amendment/extension. Everyone’s tax situation is different and you should always speak with a CPA when amending taxes. (Ryan Penn) A new $8,000 tax credit was announced as part [...]