I've been helping work on the Cartersville Rotary Club's website. I'm very proud of what we have accomplished so far. Please check it out:
Cartersville Rotary Club Website
The Cartersville Rotary Club has been a part of this community since the late 1920's. Their motto of service above self and is applied in every avenue of service that involves Rotarians from work, to home, to civic duties. Members are from all around the Cartersville/Bartow County area. They come together once a week for an hourly meeting to enjoy a lunch and program and to decide how to serve this community.
The Avenues of Service are Rotary’s philosophical cornerstone and the foundation on which club activity is based:
Club Service focuses on strengthening fellowship and ensuring the effective functioning of the club.
Vocational Service encourages Rotarians to serve others through their vocations and to practice high ethical standards.
Community Service covers the projects and activities the club undertakes to improve life in its community.
International Service encompasses actions taken to expand Rotary’s humanitarian reach around the globe and to promote world understanding and peace.
The mission of Rotary International, a worldwide association of Rotary clubs, is to provide service to others, to promote high ethical standards, and to advance world understanding, goodwill, and peace through its fellowship of business, professional, and community leaders. I am very proud to be a Rotarian!!
Thursday, April 2, 2009
Cartersville Rotary Club's website!
Tuesday, March 31, 2009
Monday, March 9, 2009
FREE MONEY: Here is the latest I have on the Tax Credit
The NEW (up to) $8000 Tax Credit is for purchases between January 1, 2009 and November 30, 2009.
Expanded Tax Break Available for 2009 First-Time Homebuyers Expanded Tax Break Available for 2009 First-Time Homebuyers IR-2009-14, Feb. 25, 2009 WASHINGTON The Internal Revenue Service announced today that taxpayers who qualify for the first-time homebuyer credit and purchase a home this year before Dec. 1 have a special option available for claiming the tax credit either on their 2008 tax returns due April 15 or on their 2009 tax returns next year.
Qualifying taxpayers who buy a home this year before Dec. 1 can get up to $8,000, or $4,000 for married filing separately.
For first-time homebuyers this year, this special feature can put money in their pockets right now rather than waiting another year to claim the tax credit," said IRS Commissioner Doug Shulman.
This important change gives qualifying homebuyers cash they do not have to pay back.
The IRS has posted a revised version of Form 5405, First-Time Homebuyer Credit, on IRS.gov. The revised form incorporates provisions from the American Recovery and Reinvestment Act of 2009.
The instructions to the revised Form 5405 provide additional information on who can and cannot claim the credit, income limitations and repayment of the credit.
This year, qualifying taxpayers who buy a home before Dec. 1, 2009, can claim the credit on either their 2008 or 2009 tax returns. They do not have to repay the credit, provided the home remains their main home for 36 months after the purchase date. They can claim 10 percent of the purchase price up to $8,000, or $4,000 for married individuals filing separately.
The amount of the credit begins to phase out for taxpayers whose adjusted gross income is more than $75,000, or $150,000 for joint filers.
For purposes of the credit, you are considered to be a first-time homebuyer if you, and your spouse if you are married, did not own any other main home during the three-year period ending on the date of purchase.
The IRS also alerted taxpayers that the new law does not affect people who purchased a home after April 8, 2008, and on or before Dec. 31, 2008. For these taxpayers who are claiming the credit on their 2008 tax returns, the maximum credit remains 10 percent of the purchase price, up to $7,500, or $3,750 for married individuals filing separately. In addition, the credit for these 2008 purchases must be repaid in 15 equal installments over 15 years, beginning with the 2010 tax year. http://www.irs.gov/newsroom/article/0,,id=204672,00.html
Expanded Tax Break Available for 2009 First-Time Homebuyers Expanded Tax Break Available for 2009 First-Time Homebuyers IR-2009-14, Feb. 25, 2009 WASHINGTON The Internal Revenue Service announced today that taxpayers who qualify for the first-time homebuyer credit and purchase a home this year before Dec. 1 have a special option available for claiming the tax credit either on their 2008 tax returns due April 15 or on their 2009 tax returns next year.
Qualifying taxpayers who buy a home this year before Dec. 1 can get up to $8,000, or $4,000 for married filing separately.
For first-time homebuyers this year, this special feature can put money in their pockets right now rather than waiting another year to claim the tax credit," said IRS Commissioner Doug Shulman.
This important change gives qualifying homebuyers cash they do not have to pay back.
The IRS has posted a revised version of Form 5405, First-Time Homebuyer Credit, on IRS.gov. The revised form incorporates provisions from the American Recovery and Reinvestment Act of 2009.
The instructions to the revised Form 5405 provide additional information on who can and cannot claim the credit, income limitations and repayment of the credit.
This year, qualifying taxpayers who buy a home before Dec. 1, 2009, can claim the credit on either their 2008 or 2009 tax returns. They do not have to repay the credit, provided the home remains their main home for 36 months after the purchase date. They can claim 10 percent of the purchase price up to $8,000, or $4,000 for married individuals filing separately.
The amount of the credit begins to phase out for taxpayers whose adjusted gross income is more than $75,000, or $150,000 for joint filers.
For purposes of the credit, you are considered to be a first-time homebuyer if you, and your spouse if you are married, did not own any other main home during the three-year period ending on the date of purchase.
The IRS also alerted taxpayers that the new law does not affect people who purchased a home after April 8, 2008, and on or before Dec. 31, 2008. For these taxpayers who are claiming the credit on their 2008 tax returns, the maximum credit remains 10 percent of the purchase price, up to $7,500, or $3,750 for married individuals filing separately. In addition, the credit for these 2008 purchases must be repaid in 15 equal installments over 15 years, beginning with the 2010 tax year. http://www.irs.gov/newsroom/article/0,,id=204672,00.html
Tuesday, February 17, 2009
$8000 Tax Credit
The buzz in the real estate community is the new tax credit that is in the planning stages for first time buyers. This is a work in progress and the details are quickly changing. I have posted a list of the current details. I will post new details as I receive them. If you are interested in taking advantage of this tax credit please give me a call and I will help you in this process!
$8000 Tax Credit for New Home Buyers
As you probably have heard, both the House and Senate have passed the Stimulus bill yesterday (with the Senate finally passing the bill just before 11:00 p.m.) . In addition, the President is scheduled to announce the Administration’s comprehensive housing recovery program next Wednesday. We believe it will focus on foreclosure relief and the modification of existing loans (delinquent and possibly current).
Tax Credit
Below is the link to the tax credit provision. (page 24)
http://thomas.loc.gov/home/h1/Recovery_Bill_Div_B.pdf
The 2008 tax credit provision has been amended as follows:
a. Tax credit is increased to $8,000
b. The income limits remain the same: ($75,000 for an individual; $150,000 for a couple).
c. First-time homebuyers and principal residences only.
d. Tax credit is available until December 1st (previously it expired on July 1st).
e. Waiver of recapture (i.e. no repayment requirement) for properties purchased in 2009 prior to December 1st. The provision is retroactive to purchases made on or after January 1, 2009. Recapture section does apply to properties sold in first three years.
f. Waiver of prohibition on financing by mortgage revenue bonds is included
Tax Credit
Below is the link to the tax credit provision. (page 24)
http://thomas.loc.gov/home/h1/Recovery_Bill_Div_B.pdf
The 2008 tax credit provision has been amended as follows:
a. Tax credit is increased to $8,000
b. The income limits remain the same: ($75,000 for an individual; $150,000 for a couple).
c. First-time homebuyers and principal residences only.
d. Tax credit is available until December 1st (previously it expired on July 1st).
e. Waiver of recapture (i.e. no repayment requirement) for properties purchased in 2009 prior to December 1st. The provision is retroactive to purchases made on or after January 1, 2009. Recapture section does apply to properties sold in first three years.
f. Waiver of prohibition on financing by mortgage revenue bonds is included
Tuesday, February 10, 2009
New Look
I decided my website needed a new look so I hope you like it. It still has a similar layout but different header picture and color scheme. I hope you like it.
Leigh Anne
Leigh Anne
Tuesday, January 27, 2009
Monday, January 26, 2009
Happy New Year
I haven't posted anything lately and for that I apologize! I'm still here and kicking I guess the cold weather and holidays have proven to be a distraction. There are many changes coming to the world of Real Estate this year and I will try to bring updates on many of those to you as they occur. The interest rates are at an all time low. If you are thinking of buying or even refinancing, I encourage you to contact your lender (call me if you need some names!). They are available with no obligation to counsel you on what you can and can't do. I've heard of loans being locked for rates as low as 4.5%. Now these rates obviously vary with the day and with credit scores and loan programs. That is why I encourage you all to make a call and ask a few questions. If you can drop a few points on your rate you could be savings hundreds of dollars every month and I know we can all use the extra money right now.
Stay tuned!!
Leigh Anne
Stay tuned!!
Leigh Anne
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