$18,000 in tax credits --- one home in Alameda qualifies! Alameda's first GREEN Home!
By Pacita Dimacali, Alameda/Contra Costa Counties CA
(Alain Pinel)
Californians have another opportunity to a state-level tax credit 18,000 IN COMBINED HOMEBUYER TAX CREDITS FOR A LIMITED TIMESee: http://www.ftb.ca.gov/individuals/New_Home_Credit.shtm "Californians have a brief window of opportunity to receive up to $18,000 in combined federal and state homebuyer tax credits. To take advantage of both tax credits, a first-time homebuyer must enter into a purchase contract for a principal residence before May 1, 2010, and close escrow between May 1, 2010 and June 30, 2010, inclusive. Buyers who are not first-time homebuyers may use the same timeframes to receive up to $16,500 in combined tax credits if they are long-time residents of their existing homes as permitted under federal law, and they purchase properties that have never been previously occupie...
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