$15,000 Home Buyers Tax Credit Brings 15,000 Questions – and no answers

Update: Tuesday Feb 10 -- In a 61 - 37 vote, the Senate has passed their version of the Stimulus Bill that contains the $15,000 tax credit for home buyers. The next step will be a Joint Conference Committee where select members of both the House and Senate will attempt to reconcile the differences between their bills. Once that process is complete, the House and Senate will vote on the reconciled … [Read more...]

Senate Approves $15,000 Tax Credit for Home Buyers

Update: Thursday Feb 12, 4:58pm - the $15,000 home buyer tax credit is apparently being replaced with an $8,000 credit in the "compromise" version of the bill. For the latest, please see this post, "$8,000 Home Buyers Tax Credit: What We Currently Know". UPDATE #1: Feb 5, 11:48am - still gathering intelligence, but this version of Senate amendment clarifies that the former requirement that one … [Read more...]

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