2009 Economic Stimulus Package
The American Recovery and Reinvestment Act of 2009 better known as the stimulus bill has a very interesting tax cut that is sure to fire up the real estate market. In the bill as drawn up American’s would receive up to a $15,000 tax credit for buying a home in 2009. I’ve dissected the bill and made it easier to follow than the full amendment.
More details is at investingblog.org 2009 Economic Stimulus Package and the $15,000 Homebuyers Tax Credit.
