Tag Archives: Real Estate Taxes

New California Tax Credit For First-Time Buyers Is Proposed

Last week, in his “State of the State Address,” Governor Arnold Schwarzenegger proposed a new tax credit for first time home buyers.  This proposal is similar to last year’s credit of $10,000. The tax credit, would provide up to $3,333.00 … Continue reading

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$8000 Tax Credit Facts

UPDATED!!!! The tax credit has been extended!!!! The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. The tax credit now applies to … Continue reading

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