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Thursday, December 16, 2010 12:58 PM

New Income Thresholds for STAR Exemptions in 2011

New York State's School Tax Relief (STAR) Program provides property tax exemptions (also known as homestead exemptions) for New York homeowners. Starting in 2011, Basic STAR is available to anyone who owns and lives in his or her own home and earns
Posted by Rey Hollingsworth Falu | 0 Comments
Thursday, July 01, 2010 8:20 AM

Tax Credit Deadline Extension Passed Senate now headed to the President

After a close brush with the deadline, Congress has passed an extension of the Homebuyer Tax Credit closing deadline, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in
Posted by Rey Hollingsworth Falu | 0 Comments
Sunday, December 06, 2009 7:29 PM

Homebuyer Tax Credit Changes in 2010

Obama signs bill in November extending and expanding the $8000 first time home buyers tax credit. The modifications in the column labeled “December 1,2009 – April 30, 2010” became effective Nov 6, 2009. Here is an outline of the changes.
Posted by Rey Hollingsworth Falu | 0 Comments
Monday, September 07, 2009 10:13 PM

New York State Offers Mortgage Credit Certificates (MCC)

This guy has been getting a lot of flack lately. Most of it unjustified. However you Empire state home buyers should be giving Gov. Patterson a standing ovation for creating the NYS Mortgage Credit Certificate (MCC). It allows first time home buyers to
Posted by Rey Hollingsworth Falu | 0 Comments