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$6,500 tax credit!

Posted on | March 31, 2010 | No Comments

Yeah, I want to win thousands toward a new pc too. Will you let me know if you ever figure out how to do that? Just kidding, I do have an idea I want to share with you!

Have you heard all of the talk about the home buyers credit? Well, the bottom line is that our government is doing everything they can to encourage people to buy homes. The idea is that the more demand there is for home, the higher the prices will be. And, I think the government has their fingers crossed that they can stem the tide of foreclosures and turn the housing market around. Lofty goals for sure, but that’s not really my point.

If you are a first time home buyer and you have modest or low income, you probably qualify for a $6,500 tax credit which would go a long way toward a new computer for your new house. Now, chance are good that your wife will find other uses for the money so make sure to stake your claim early and buy the computer before she changes her mind. Visa-vsera is true to for all you female readers!

The tax credit is not exactly the same as winning a contest. On the up side, though, the good thing about “winning” 6500 from the government is that you don’t have to pay taxes on it (again).

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