Posts tagged as:

Tax Credit

We Still have Tax Credits!

Even though the $8,000 First Time Home Buyer expired earlier this year, there is still a great tax credit program for some First Time Home Buyers in North Carolina. While all homeowners can claim an itemized tax deduction for mortgage interest, a Mortgage Credit Certificate (MCC) goes a step further by reducing tax liability, dollar-for-dollar, [...]

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Like Apologizing for Friends the Morning after a Bender

Jon Stewart on The Daily Show has a way of putting his finger on things.  In this interview with Austan Goolsbee, chair of the Council of Economic Advisors,  took a couple of licks from Stewart, who equated Goolsbee’s position to a guy who has to apologize for his friends the morning after a bender. The [...]

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10 Things to Do in 2010 – Part Two

Yesterday I published a list of things to do in 2010.  Today, I’m adding a few more comments to the remaining things to do.Here is a list of ten things you should consider doing in 2010 to get on better footing financially this year: Build an Emergency Fund Pay off any debts that aren’t increasing [...]

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You Snooze, You Lose

False Illusions and What You Need to Know Homebuyer Alert… For prospective homebuyers who are on the fence about making a home purchase, the next few months represent a countdown of sorts for two reasons. The first of these, the coming expiration of huge tax incentives, may be a bit more obvious to most borrowers. [...]

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Finally, Stimulus Money for You, too

On Nov 6th, the President signed an extension of the First Time Home Buyer’s $8,000 tax credit and added a new benefit – a $6500 Tax Credit for homeowners that are buying a new primary residence between Nov 6th and May 1st. Here are the highlights of the $8,000 tax credit for first time buyers: [...]

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