Real Estate Tax Credits

If you've ever wanted to buy a home now is the time.  You can get up to a $8,000 income tax credit when you buy your first home, condo, loft or town home before November, 2009.

In addition to the real estate tax credit add the current low interest rates & the bargain foreclosures available at a discount not seen in years and you get the best real estate opportunity in a generation.

This program is available to first time home buyers only.  Get started today, July 1, 2009 will be here before you know it.

Low Income Housing Tax Credits (LIHTC)

The Federal Tax Code provides for a tax credit for investors who build new affordable housing for low income tenants. This real estate tax credit is also available to investors who participate in rehabilitating housing to be rented to low income individuals at affordable rental rates.

Investing in low income housing tax credit real estate projects provide multiple opportunities to profit including reduced taxes, operating income & capital gains .  Investors should consult an account  to determine how any LIHTC project  would apply to your unique situation.