First time home buyer scores $8,000 tax credit


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There’s a nice windfall for some homebuyers in the economic stimulus bill signed into law this week by President Obama.

Who is eligible? Tax credit for First time home buyers only, no exception. Well, actually there is one exception: Buyers may not have owned a home for the past three years to qualify as “first time” [...]


What is there for me in Stimulus Bill?


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As we all know, today President Obama signed $787 billion stimulus package and converted in law.  How to explain in simple words? If you ask Obama, he will say Jobs, Jobs and Jobs! If you ask economist, he will explain in simple word to his son/daughter, government stole his/her kids’ savings from piggy bank. It [...]