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Monday, May 03, 2010 5:03 PM

Short Sales and Your Tax Liability

There is a lot of confusion surrounding the tax liability in regards to the forgiveness of debt when it comes to a short sale. First off it is important to state you are concerned about the tax liability in a short sale, you should definitely talk to
Posted by Kevin Vitali | 1 Comments
Thursday, December 10, 2009 10:43 AM

Home Buyer Tax Credit Extended- Don't Miss Out

The home buyer tax credit has been recently extended to April 30th, 2010. A purchase and sale must be signed by this date and completed by June 30, 2010. Some new provisions have been added: repeat buyers can receive a tax credit of $6500 and income limits
Posted by Kevin Vitali | 0 Comments
Monday, July 20, 2009 1:17 PM

Massachusetts Has Plan For First Time Home Buyers to Use the $8000 Tax Credit for Downpayment

Boston Globe Hundreds of first-time home buyers in Massachusetts will be able to get an advance on an $8,000 federal tax credit, allowing them to apply the money to down payments and closing costs, under a new program unveiled by Governor Deval Patrick
Posted by Kevin Vitali | 0 Comments