Mar
2
The 2009 Tax Credit
Posted by Jenny Kottel under For Buyers, For Sellers, For Realty Professionals, General Information
Help me out here and tell me iwhat you think, ok? The bailout now provides an $8,000 tax credit to some folks (qualifications must be met) if they buy a home this year. That’s certainly a step in the right direction but what happened to the $15,000 originally proposed? HOUSING has always been the biggest factor in a recession and when HOUSING improves, the rest of the economy improves. So who took out the knife and whittled $15K into $8K? Do the “tag ons” attached to the bill do as much to improve the housing market as the $15K would have provided? Did homeowners get nicked with the knife in favor of pork or do our government representatives NOT believe that housing is the major factor? whatdoya think?
Jenny Kottel www.renosparksreo.com
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