Tuesday, January 26, 2010

Real Estate Bailout

Junior and I went and had our taxes filled out last week. We can not file yet, because I am still waiting on one more 1099, but we did get some idea of how much money we will be getting back. Let's just say it brought a huge smile to my face. We usually don't have any deductions, but this year the lady who filled out our taxes asked us a ton of questions, and ended up finding a few we qualified for since I work from home.

The big one I wish we qualified for is the Real Estate Bailout. Buying a house is a dream of ours, but we just can't do it right now, which means we are going to miss out on this. If you haven't yet heard about this, and let's face it, unless you have been living under a rock, you have probably heard something about it, check out this video. It explains things a whole lot better than I can.

Basically, if you want a nice big chunk of money, buy a house before the end of April. I wish we were buying instead of trying to find another place to rent, but that's not in the cards for us this year. I am hoping that we can find a rent to own place, so that we won't be throwing away thousands of dollars. Because let's face it, when you rent, you are basically throwing money away.

I'm tired of it.

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