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2009 Economic Stimulus Package

February 7th, 2009 Debt

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.

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