Tax Credit Home Buyer
Uncle Sam’s $8,000 home buyer tax credit program ended on April 30th. Real Estate companies and California state are filling the gap by offering tax credit to home buyers.
According to National Association of Realtors®, in 2009, 2 million families took advantage of the credit and about 2.4 million would have gotten the credit in 2010. This credit which was first launched in 2009 and targeted home buyers was then extended and expanded to all home buyers. This credit brought stability to real estate market by incenting the buyers to purchase properties.
Many real estate companies and State of California are now offering credits to home buyers.
CLICK HERE to read more about these new home-buyer credits.
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Expired Federal Home-Buyer Tax Credits Replaced with New Programs is brought to you by SimplifyEm Pay Rent Online and Property Management Software
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