California tax credit??

[Nor-LA-SD-guy]

The weird thing is, is this really needed ???

I mean have any of you guy’s been out bidding on homes just to be out bid with an all cash offer the last few months !!!

Really the view on the ground seems very different than what has been coming out of the media this last week from where I am standing.

[ybitz]

I think the situation in San Diego and metro areas might be very different than the rest of California. Anecdotal evidence from a friend of mine in Bakersfield suggests that it’s a buyer’s market out there, where San Diego is anything but.

[ybitz]

I think the situation in San Diego and metro areas might be very different than the rest of California. Anecdotal evidence from a friend of mine in Bakersfield suggests that it’s a buyer’s market out there, where San Diego is anything but.

[ybitz]

I think the situation in San Diego and metro areas might be very different than the rest of California. Anecdotal evidence from a friend of mine in Bakersfield suggests that it’s a buyer’s market out there, where San Diego is anything but.

[ybitz]

I think the situation in San Diego and metro areas might be very different than the rest of California. Anecdotal evidence from a friend of mine in Bakersfield suggests that it’s a buyer’s market out there, where San Diego is anything but.

[ybitz]

I think the situation in San Diego and metro areas might be very different than the rest of California. Anecdotal evidence from a friend of mine in Bakersfield suggests that it’s a buyer’s market out there, where San Diego is anything but.

[treehugger]

http://www.fresnobee.com/2010/03/25/1872795/schwarzenegger-signs-homebuyer.html

http://www.leginfo.ca.gov/cgi-bin/postquery?bill_number=ab_183&sess=CUR&house=B&author=caballero

http://www.leginfo.ca.gov/pub/09-10/bill/asm/ab_0151-0200/ab_183_bill_20100322_enrolled.pdf

I don’t see anything regarding income limits.

[treehugger]

http://www.fresnobee.com/2010/03/25/1872795/schwarzenegger-signs-homebuyer.html

http://www.leginfo.ca.gov/cgi-bin/postquery?bill_number=ab_183&sess=CUR&house=B&author=caballero

http://www.leginfo.ca.gov/pub/09-10/bill/asm/ab_0151-0200/ab_183_bill_20100322_enrolled.pdf

I don’t see anything regarding income limits.

[treehugger]

http://www.fresnobee.com/2010/03/25/1872795/schwarzenegger-signs-homebuyer.html

http://www.leginfo.ca.gov/cgi-bin/postquery?bill_number=ab_183&sess=CUR&house=B&author=caballero

http://www.leginfo.ca.gov/pub/09-10/bill/asm/ab_0151-0200/ab_183_bill_20100322_enrolled.pdf

I don’t see anything regarding income limits.

[treehugger]

http://www.fresnobee.com/2010/03/25/1872795/schwarzenegger-signs-homebuyer.html

http://www.leginfo.ca.gov/cgi-bin/postquery?bill_number=ab_183&sess=CUR&house=B&author=caballero

http://www.leginfo.ca.gov/pub/09-10/bill/asm/ab_0151-0200/ab_183_bill_20100322_enrolled.pdf

I don’t see anything regarding income limits.

[treehugger]

http://www.fresnobee.com/2010/03/25/1872795/schwarzenegger-signs-homebuyer.html

http://www.leginfo.ca.gov/cgi-bin/postquery?bill_number=ab_183&sess=CUR&house=B&author=caballero

http://www.leginfo.ca.gov/pub/09-10/bill/asm/ab_0151-0200/ab_183_bill_20100322_enrolled.pdf

I don’t see anything regarding income limits.

[paranoid]

” I like the Feds they just hand the $8000 back to you, California makes it sound good, but it is ONLY a credit, if you don’t owe the state above $3300 you only get a credit for what you owe. Meaning my understanding if I owe $300 I do NOT get a rebate of $3000. I only get a credit towards the $300. ”

Is this true that we must reduce our withholding in order to owe the government more than $10000/3, so that we can get the credit? That would be really unfair for people who withholding less such that they effectively lend the government some money for free, and now they don’t get the credit because of their well-doing?

[paranoid]

” I like the Feds they just hand the $8000 back to you, California makes it sound good, but it is ONLY a credit, if you don’t owe the state above $3300 you only get a credit for what you owe. Meaning my understanding if I owe $300 I do NOT get a rebate of $3000. I only get a credit towards the $300. ”

Is this true that we must reduce our withholding in order to owe the government more than $10000/3, so that we can get the credit? That would be really unfair for people who withholding less such that they effectively lend the government some money for free, and now they don’t get the credit because of their well-doing?

[paranoid]

” I like the Feds they just hand the $8000 back to you, California makes it sound good, but it is ONLY a credit, if you don’t owe the state above $3300 you only get a credit for what you owe. Meaning my understanding if I owe $300 I do NOT get a rebate of $3000. I only get a credit towards the $300. ”

Is this true that we must reduce our withholding in order to owe the government more than $10000/3, so that we can get the credit? That would be really unfair for people who withholding less such that they effectively lend the government some money for free, and now they don’t get the credit because of their well-doing?

[paranoid]

” I like the Feds they just hand the $8000 back to you, California makes it sound good, but it is ONLY a credit, if you don’t owe the state above $3300 you only get a credit for what you owe. Meaning my understanding if I owe $300 I do NOT get a rebate of $3000. I only get a credit towards the $300. ”

Is this true that we must reduce our withholding in order to owe the government more than $10000/3, so that we can get the credit? That would be really unfair for people who withholding less such that they effectively lend the government some money for free, and now they don’t get the credit because of their well-doing?

[Author]

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