It’s no big secret that Michigan residents in general have been going through some rough economic times. I say in general, because not everybody is hurting. But with unemployment/underemployment at 20% or more many Michiganders have felt a financial pinch. Some of that financial pinch shows in many of the houses that have sold in [...]
Archive for the ‘tax credits and incentives’ Category
Some Energy Tax Credits Due to Expire in a Few Months- Reduce Your Bills and Get Some of Your Tax $$ Back
Posted in tax credits and incentives, tagged bank owned homes, distressed properties, energy tax credits, foreclosures, tax incentives on September 28, 2010 | Leave a Comment »
Home Buyer Tax Credit
Posted in tax credits and incentives, tagged tax credits on February 10, 2010 | Leave a Comment »
Haven’t owned a home in the past 3 years? You may qualify for the first time home buyer tax credit (up to $8000). Owned the same home for at least 5 of the last 8 years? You may qualify for up to a $6500 tax credit. In a nut shell: 1st time home buyer (haven’t [...]
First Time Homebuyer Tax Credit
Posted in tax credits and incentives, tagged tax credits on December 10, 2008 | Leave a Comment »
If you are a first time home buyer (defined as someone who hasn’t owned a principle residence in the past 3 years) and you bought a home on or after April 9, 2008 you may qualify for up to a $7500 tax credit. There ARE a few conditions and caveats. The tax credit is refundable, [...]
