Hi Gang,
I have been swamped with the holidays in both work and taking care of business in getting things ready in terms of peoples’ birthdays, shopping and preparations for keeping up to speed for the upcoming tax year.
Here is a quick recap of an item though that is coming up in 2010:
Homebuyer Credit= you can get up up to $8,000 refundable credit (Up to $6,500 credit for existing homeowners). People wo can do this are qualifying individuals who purchase a principal residence. Also applies if binding contract to purchase is entered into before 5/1/10 and the purchase closes before 7/1/10. After that you cannot get this credit. If you have cash and have been putting off buying a home and are working, you may want to seriously think about buying that property if the business employment future for you looks good. I am just suggesting. You need to make your own decision and review if it makes sense or not for you.
If you are out of work, please make sure that you are doing what you can to get your Congressional representatives off thei butts and do whatever it takes to legally create jobs and get people employed again. There isn’t going to be any kind of a recovery in this country if people aren’t working. It is up to all of us to do what we can to make sure that we can create jobs.
More updates as I get more information and as it gets finalized. I hope you are having a great holiday season.
Sincerely,
Kim Isaac Greenblatt
Dec 05 2009 Update