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Transfer Your Property Tax Base Year Value To Your New Home
A starter discussion of how to senior citizens might transfer the property tax basis of their existing home to a new home.
0 commentsPreserve Your Prop 13 Base Year Value For Your Children And Grandchildren
The unintended result of California Proposition 13 was a dampening effect on the continuing family ownership of real estate in the state of California. To counter this effect, propositions 58 and 193 were passed in November of 1986 and March of 1996 respectively.
0 commentsEmpoweringmyself
Home is where your heart (money) is! Some say real estate market is really bad. That may be so. But you will have to wonder "bad" for who. If you are a home owner and you have to sell your home in this...
2 commentsGREAT NEWS: Extended $8,000 First-Time Homebuyer and New $6,500 Repeat Homebuyer Federal Tax Credits
The federal government has just expanded (and extended) the Worker, Homeownership, and Business Assistance Act of 2009, as follows: Qualified first-time homebuyers purchasing a principal residence...
0 commentsSan Antonio First Time Home Buyer Tax Credit
Even with the economy still struggling and home prices stagnant, now is a very good time to be thinking about buying a home. One big reason is you can qualify for a San Antonio first time home buyer tax...
0 commentsHome Sale Gain Exclusion
Many taxpayers bought a second home, such as a vacation home, with the intention of later converting the second home into their principal residence. Under pre-2008 Housing Act law, those taxpayers could...
0 commentsTemporary Credit for First-time Homebuyers
The recent American Housing Rescue and Foreclosure Prevention Act of 2008 (Housing Act) created a temporary credit to encourage home ownership. This new credit is for first-time homebuyers and can be as...
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