Latest News

10/01/08

The Senate passed the housing-assistance bill offering:

-- Refundable first-time homebuyer credit: First-time homebuyers could receive a tax credit of up to $7,500. The credit applies to homes bought starting April 9, 2008, until July 1, 2009.

-- Standard deduction for property taxes: Single-filing homeowners who claim the standard deduction could deduct up to $500 for state and local property taxes for 2008. Joint filers could deduct an extra $1,000.

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Olga Monroy
770.815.8619
olgamonroy@canvasrealty.com
2650 Holcomb Bridge Rd
Suite 210
Alpharetta, GA 30022