CNN report on existing homeowners tax cred

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glenz67119@aol.com

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PostPosted: Thu Nov 05, 2009 9:40 am    Post subject: CNN report on existing homeowners tax cred

I just heard on CNN that there is a new Federal Tax Credit of up to $65.00 for people who have owned their homes for at least 5 years.
Can't find any info on this anywhere.
Thanks

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Gaylene Lenz

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PostPosted: Thu Nov 05, 2009 9:42 am    Post subject: Tax Credit for owning home 5 years or more

CNN just gave a report about a new Federal Tax Credit of up to $6500.00 for those who have owned their primary residence for at least 5 years.
Can't find any info on this.
Please help if you can.
Icon Mini Profile gmakerley
gmakerley
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PostPosted: Thu Nov 05, 2009 9:43 am    Post subject:

it's not entirely official yet. the us senate has passed this, but it has to go to the house of representatives, etc. this is an add-on to the new proposal to extend the $8000 tax credit for first time homebuyers.

do a google search and you'll find loads of commentaries.

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