Saturday, March 21, 2009

New tax credit for home buyers Economic stimulus gives first-time home buyers $8,000 bonus.

If you're thinking about buying a home this year, you're in luck. The economic stimulus bill that President Obama signed into law this week contains a big tax break for home buyers who haven't owned a home in the previous three years.

Tax credit upped to $8,000
The 472-page American Recovery and Reinvestment Act of 2009 offers first-time home buyers a tax credit of up to $8,000 or 10 percent of the purchase price of the home, whichever is less. The tax credit isn't technically new, but is instead an updated version of the $7,500 first-time home buyer tax credit that was enacted last year.

The best news--in addition to the $500 increase in the tax credit--is that the requirement that the tax credit must be repaid has been eliminated for home buyers who purchase a home between Jan. 1, 2009, and Nov. 30, 2009, and occupy that home for at least three years. The original rules required full repayment of the credit in $500 annual installments over a 15-year period or when the home was sold.

Tax credit can be claimed this year
The new home buyer tax credit is subject to income limits. The amount is reduced for single home buyers who earn more than $75,000 and married couples who earn more than $150,000, and it's phased out completely for single and married buyers who earn more than $95,000 and $170,000, respectively.

The tax credit is refundable, which means you'll get back the full amount even if your total federal tax liability is less.

The tax credit is also easy to use: You just claim it on your 2008 or 2009 tax return. If you buy a home after you file your 2008 tax return, you can amend your return and still receive your refund this year.

The National Association of Home Builders has created a helpful website that contains more information about the first-time home buyer tax credit. The FAQs section includes detailed examples of how the tax credit works.

Homeowners get many tax benefits
The federal tax code contains other advantages for homeowners as well. Mortgage interest, mortgage insurance premiums and property taxes may all be deductible on your income tax return, subject to certain restrictions and limitations in the tax code.

If you’re thinking of buying a home this year, you should consider how the tax credit could affect you. Before you make a decision, it’s a good idea to:

● Research how much you can afford to spend to buy a home. (The LendingTree home affordability calculator can help.)
● Check your credit report and credit score.
● Shop around for a home and mortgage that fit your needs.

For more tips about buying a home, read the LendingTree Guide to Buying Your First Home (pdf).


Thank you,

Thomas Cundiff

Your Space to Travel

Discover Snorkeling In Hawaii

Hello Beautiful People,
I Love the water. I'm a Cancerian if that may have anything to do with it or not I don't know.
Vacations that involve blue clear water is a taste of Heaven for me. I hope there's water in Heaven. If I'm in the water I'm a camper.
"Blacks Beach", at the Sheraton on Maui, is has a public beach. No life guard on duty though. Only at the Pool if you're a guest. There's public restroom. Showers on the beach. Bar & food, fresh water.
You may Cliff Dive, Free-Dive, get some sun.
You'll need an Umbrella for sure. Being three thousand miles from the Equator is more than enough to be burnt badly in an our two. Don't be exposed more that an hour at a time. I wear a white long sleeve tea shirt. It keeps the sun off you back. Your legs will be burn if you ride the surface all day.
If you have your gear from www.snokelbobs.com you're set. March is the time if you go under the water deep enough you'll hear thousands of Whales talking. The Whales are migrating in March.
I do not recommend this for a beginner. If you have the experience swim around to the front edge of the hotel along the rock cliff. You cant touch bottom. The bottom is about 30 feet down. Swim along the cliff's edge to the center of the cliff and go straight down 15 -20 feet you'll, hear an "Opera of Whales" singing. As you can guess, you use the rock formation for the sound waves to reflect right in front of you.
The Whales are a few miles out. But, it sounds as if they are right in font of you. What's even more cool is you can't help but look for the Whales they sound so close. Moreover the deeper you dive the Louder it becomes. It's one of God's Blessings and a wonder of the World. TRIPPIN! I do not recommend this for a beginner
If you want to become an expert at Snorkeling and shallow (10 feet free-diving). Visit your local dive shop. They'll teach you how to adjust to pressure as you dive down. Your body requires less oxygen as your veins and vessels react as you go down. That's why people can go down for two to five minutes Free Diving. I'm not an expert. This is only a suggestion.

Ladies In Hawaii you may choose to wear light Make-Up during the day. Focus on skin protection during the day. I now offer on line Cosmetics Sales. Please click on my Widget to purchase your cosmetics. This a great way to purchase and save your time. If you know exactly what you'll be purchasing. Shopping on line for you back up supplies is fast and easy. Have fun shopping.

Happy Travels
Thomas M Cundiff
Your Space to Travel
831.688.4954
Santa Cruz CA


Sunday, March 15, 2009

Time for time vist Great Britain it's an island ;)

Come and unwind at a Sebastian Coe Health Club in a Ramada Jarvis Hotel. We have a range of facilities. At our smaller health clubs you can enjoy our indoor heated pools, take it easy in the steam baths or work up a sweat in the sauna. Alternatively, at our fully equipped leisure clubs we have modern cardio gymnasiums, relaxing beauty spas along with pools, saunas and Jacuzzis.

We provide a relaxing, non-pressurised environment to make you feel at ease amongst people of all ages and fitness levels. With the friendly support of our qualified staff, you can enjoy a wide variety of facilities to achieve your goals, whether these are fitness or relaxation.

Contact the club of your choice today. Remember, hotel guests get complimentary use of the Sebastian Coe Health Clubs at any one of 20 Ramada Jarvis hotels with Sebastian Coe Health Clubs.

Drive all the around Maui if you want your mind BLOWN.

Hello Beautiful People,
It's late March and beautiful on Maui right now. No Humidity. No bugs. It's so perfect you wouldn't believe it. It's the best time in Hawaii chain. Not many tourist. Not many lines or waiting any place. Just take it easy is the game.
Get a Hertz and plan a ALL drive around the Island. But a "Black Uhuru" & Burning Spear" CD. Go to Safeway in Kihei. Pack the kill lunch and bevs.
Along the way you'll find a couple small stores gas station's. Stop and get the a CD that will provide an audio tour of your drive. You'll have music food gas and a drive you'll never forget in your entire LIFE.

You have to leave your hotel by 7 am. You'll stop at waterfalls and beaches that will blow your mind if stoned or not. You'll trip out hard. The black sand beaches are way far out, you dig?
Do not take any Lava. You will have bad luck if you do. Madam Pele will take revenge on you any part of the world. Promise you, trust me, you dig?

Your Hertz 4 wheel drive will come handy on the other side of the Island. Don't advertise to you car rental company your going to the other side. Rentals are not suppose to go. But if you have an adventure bone in your body and your sure you only live once. Then it's "Your Space to Travel".

Please click on the widget and book you car now. Before you go. We're here to help.

Thomas Cundiff
Your space to Travel