Posts from October 15th, 2009

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Pros And Cons Of Extending, Expanding Homebuyer Tax Credit - KTHV - News Channel 11 in Arkansas

October 15th, 2009 by Anonymous

Reported By: Katherina- Marie Yancy - KTHV - News Channel 11 in Arkansas

The $8,000 tax credit that's helped thousands of Arkansans move into their first home expires November 30th, but there are several bills on the table to extend the credit through the middle of next year.

More than $1.4-million taxpayers across the United States have benefited from the tax credit so far. Today's THV spoke with professionals on both sides who gave us insight into the pros and cons of extending the tax credit.

The first time home buyer tax credit is set to expire November 30th unless congress passes an extension. Maurice Taylor says, "It's being introducing into legislation and from everything I hear it is very favorable to pass."

Managing Broker, Maurice Taylor with Crye-Leike says the new Bill will extend the credit through May 2010 and it's critical to get the local and national econ...

Click Here to Read More...

Categories: Crye-Leike in the News