U.S. Senate Votes to Extend Tax Credit Deadline, Further Action Still Required

The U.S. Senate has approved a three-month extension for closing home sales that qualify for the federal homebuyer tax credit, however further action is still required. The measure would extend until Sept. 30 the current June 30 deadline for homebuyers to close sales to qualify for either the $8,000 first-time homebuyer or $6,500 repeat homebuyer … Continue reading

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End of home buyer tax credit unlikely to deter local real estate buyers

Trends in Rockdale underscore national survey data showing consumers more concerned about home prices, interest rates and unemployment  Conyers, GA—The expiration of the 2010 Home Buyer Tax Credits on April 30 is unlikely to put off Rockdale residents looking to purchase homes, according to Prudential Colony Realty.  This reflects the results of a new Prudential … Continue reading

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IRS – Tax Tips

Seven Important Facts about Claiming the First-Time Homebuyer Credit     IRS Tax Tip 2010-27 If you purchased a home in 2009 or early 2010, you may be eligible to claim the First-Time Homebuyer Credit, whether you are a first-time homebuyer or a long-time resident purchasing a new home. Here are seven things the IRS … Continue reading

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$6,500 Tax Credit

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