December 7th, 2009
Knockout Partners is proud to announce our blog, Colorado Living. Here we will be posting information about all things Colorado & Real Estate. Our post will include topics such as:
- Current Real Estate news
- Advice for home buyers
- Information about financing and government programs
- Events and points of interest
- Questions and answers to common questions
We look forward you reading and interacting with us through our blog and also on our Facebook page.
Colorado Living, Real Estate News
January 25th, 2010
The kind folks at Guaranty bank have a KOP display right now.
Go and check em out!
3561 Stagecoach Rd. N.
Longmont CO 80504
Uncategorized
January 25th, 2010
From Les Meyer…
President
Early in my professional boxing career I knew to be successful I was going to need to have an edge. I took Karate classes to help improve my hand speed. When I retired from boxing I wanted to give something back. Give something to others that I could share. So I put a self defense program together, it combines both boxing and karate martial arts, and is intended to help someone defend themselves if they were ever attacked.
For more information contact Les Meyer
les@knockoutpartners.com
Uncategorized
January 1st, 2010
We at Knockout Partners couldn’t be happier… Our new web site is fully functional and much softer on the eyes. Look around and let us know what you think.
info@knockoutpartners.com
Uncategorized
December 7th, 2009
$8,000 First-time Home Buyer Tax Credit at a Glance
- The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.
- The tax credit does not have to be repaid unless the home is sold or ceases to be used as the buyer’s principal residence within three years after the initial purchase.
- The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
- The tax credit applies only to homes priced at $800,000 or less.
- The tax credit now applies to sales occurring on or after January 1, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.
- For homes purchased on or after January 1, 2009 and on or before November 6, 2009, the income limits are $75,000 for single taxpayers and $150,000 for married couples filing jointly.
- For homes purchased after November 6, 2009 and on or before April 30, 2010, single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit.
The $6,500 Move-Up / Repeat Home Buyer Tax Credit at a Glance
- To be eligible to claim the tax credit, buyers must have owned and lived in their previous home for five consecutive years out of the last eight years.
- The tax credit does not have to be repaid unless the home is sold or ceases to be used as the buyer’s principal residence within three years after the initial purchase.
- The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $6,500.
- The tax credit applies only to homes priced at $800,000 or less.
- The credit is available for homes purchased after November 6, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, the home purchase qualifies provided it is completed by June 30, 2010.
- Single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit.
Learn more at http://www.federalhousingtaxcredit.com/
Home Financing, Real Estate News
