Senate Approves $15,000 Tax Cut for Home Buyers
Last Wednesday marked the Senate’s approval of a $15,000 tax break for homebuyers. The tax incentive is just a part of an overall stimulation package and was approved separately from a package that is still being discussed by congress. The purpose of the $15,000 tax break is to encourage prospective homebuyers to buy a home and perhaps jumpstart the housing sector. Stabilizing the housing market is imperative to the economy as a whole. Take advantage of the tax credit and consider investing in real estate. With the stock market in such a volatile place, purchasing property might be the more worthwhile investment.
If you are interested in exploring real estate in Baton Rouge Louisiana contact Glenda Daughety and her team today, (225) 205-2672. Glenda Daughety and her team have access to all real estate currently for sale in Baton Rouge and can help educate you on the Baton Rouge real estate market.
For a complimentary search of all available real estate in Baton Rouge go to www.glendadaughety.com for access to the Baton Rouge MLS. Call Glenda Daughety today, (225) 205-2672, for the best in Baton Rouge Real Estate knowledge and service!
You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
February 10th, 2009 at 12:58 pm
FOR THOSE WHO BOUGHT IN JANUARY:
THE HOUSE PASSED THE BILL FOR A $7500 TAX CREDIT THAT DOESN’T NEED TO BE REPAID AND IS AFFECTIVE FOR PURCHASES OF HOMES AFTER 01/01/09.
THE SENATE CHANGED IT TO A $15,000 TAX CREDIT BUT IT IS ONLY AFFECTIVE FOR PEOPLE WHO PURCHASES AFTER IT’S SIGNED.
IF THE SENATE PASSES THERE’S TODAY, THEN THERE WILL BE A MEETING BETWEEN MEMBERS OF THE SENATE AND MEMBERS OF THE HOUSE TO WORK OUT THE DIFFERENCES BETWEEN THE 2 BILLS.
I BOUGHT IN JANUARY SO I OBVIOUSLY WANT THE $15,000 TAX CREDIT THE SENATE PROPOSED BUT WITH THE START DATE THE HOUSE PROPOSED.
YOU NEED TO MAKE YOUR VOICE HEARD AND CONTACT YOUR SENATORS AND HOUSE REPRESENTATIVE. THIS IS AMERICA SO YOUR VOICE IS YOUR POWER. E-MAIL THEM OR CALL THEM. HERE IS A CONVENIENT NUMBER. CALL AND ENTER YOU ZIP CODE AND IT WILL GET YOU IN CONTACT WITH ALL OF YOUR CONGRESSMEN. DECISIONS ARE BEING MADE, DO IT NOW. 1-866-924-NAHB (6242)