Archive for the ‘Misc.’ Category
A Note from the Senate about the First Home Buyer Tax Credit Extension
October 8th, 2009 Posted 4:54 pm
Dear Ms. Marzulla:
Thank you for contacting me regarding home foreclosures and the homebuyer tax credit.
I am all too aware of the impact a declining housing market has on the economy. Florida is second only to California in home foreclosures. This crisis is forcing ordinary Americans into economic hardship and causing financial uncertainty for businesses throughout the State.
Earlier this year, I voted for the American Recovery and Reinvestment Act, which became Public Law 111-5. The bill extended the first-time homebuyer tax credit through November 2009 and increased the credit to the lesser of $8,000 or 10 percent of the sales price of the home, whichever is lower. The bill also repealed the recapture requirement for homes bought this year, allowing new homeowners to keep the savings without having to pay it back in subsequent years.
The homebuyer tax credit expires at the end of November. The Senate Finance Committee, of which I am a member, will likely consider an extension of the credit later this year, along with legislation extending other expiring tax provisions, such as relief from the Alternative Minimum Tax. I look forward to working with my colleagues to develop a strong and fiscally responsible tax bill that benefits hardworking taxpayers throughout the State of Florida.
I appreciate hearing your views. I’ll keep your concerns in mind as we work on tax and other legislation aimed at reviving the housing market. Please don’t hesitate to contact me in the future.
Sincerely,
Senator Bill Nelson
Posted in Misc.
Hello world!
September 28th, 2009 Posted 6:50 pm
Investment opportunities come and go, and these days, it is even harder to predict the financial success of many investments. Real estate, however, continues to outlast any long-term investment. Today is still a great time to consider Buying or Selling your home or property. I am a real estate specialist in the Cape Coral and Fort Myers Area. Through our advanced real estate computer network, I can show you the latest properties that are for sale.
Posted in Misc.
