First Time Home Buyer Credit $8000 / Teton Valley Idaho

First Time Homeowner Tax Credit - Explained - How Does It Help Homebuyers?

Information about first time home buyer tax credits as amended by the American Recovery and Reinvestment Act of 2009 (HR 1).

The 3 changes to the first-time home buyers tax credit program include:

Tax credit has been increased to $8,000.Homes have to be purchased between January 1, 2009 and December 31, 2009No repayment/recapture clause for homes sold after 36 months of occupancy and ownership.

The Tax Credit is for home buyers (either spouse if filing jointly) who have not owned a principle residence during the three-year period prior to the purchase.

The maximum credit is $8,000 or 10% of the home purchase, whichever is less - not an issue here in Jackson Hole or Teton Valley, Idaho.

The credit is available for homes purchased on or after January 1, 2009 and before December 31, 2009.

To qualify for the full tax credit, married couples’ modified adjusted gross income should be under $150,000 and single filers’ modified adjusted gross income should be less than $75,000. Partial tax credits may be available for married couples with modified adjusted gross incomes of over $150,000 but under $170,000 and single filers with incomes over $75,000 but under $95,000.

If married couples who qualify for the first-time tax credit file separately, they would both claim 5% of the home purchase or $4,000 each on their tax returns.

Home buyers who qualify for this program, but who do not intend to purchase a home till the end of 2009, may elect to alter their tax withholdings (up to the amount of the of the tax credit) in order to save up money for a down payment. However, if the purchase of the home does not occur, the taxes must be repaid to the IRS.

There is no recapture or repayment clause IF the home is owned for at least 36 months.

The effective date of purchase for new construction (even if buyer owns title to the lot) is the date the owner first occupies the house. So even if construction began in 2008, as long as the home and buyers qualify for the tax credit, they will be eligible if they take possession any time during 2009.

However, new construction bought from the builder is only eligible if the settlement date (closing) takes place between January 1, 2009 and December 31, 2009.

The law allows taxpayers to elect to treat qualified 2009 purchases as a 2008 purchase so that they can receive the tax credit on their 2008 tax returns.

The full amount of the eligible tax credit is refunded to the buyer, regardless of whether the buyer has paid an equivalent amount in taxes.

------------------------------

Sincerely - your friend and well wisher.

Timothy S Anderson
Silver Peaks Realty
Anderson Residential and Commercial Construction Services
pH 208 390 0737
www.buytetonland.com

Idaho Falls Idaho Trailer Court / 13% CASH RETURN !!!

Hello !

11 space fully occupied trailer court in Idaho Falls.

$27 180 ANNUAL REVENUE !!!

Only $ 4903 in annual expenses with cash investment.

THAT CALCULATES TO 13 % cash return on $ 170K investment !!!!!

Owner has a lot of debt and interest expense that is forcing them to sell.

SMART INVESTMENT !!!

----------------------------

Sincerely - your friend and well wisher.

Timothy S Anderson

Silver Peaks Realty

Anderson Residential and Commercial Construction Services

pH 208 390 0737

Teton Springs / Victor Idaho / $ 1 Million Home Now - $ 412900 !!!!

Hello !

Do not miss this opportunity !!!

Former $ 1 million dollar home now available for $ 412 900 !!!!

( Click link below )


Report for MLS # 09-479:http://www.flexmls.com/view.html?uid=6FdPIqiRPB&s=10

Call me now !!!

Sincerely - your friend and well wisher.

Timothy S Anderson
Silver Peaks Realty
Anderson Residential and Commercial Construction Services
pH 208 390 0737
www.buytetonland.com

22 ac ( nearly 1 million square feet ) Idaho Falls Freeway Location

Hello !

22.82 acres available at the new Idaho Falls / I -15 interstate exchange.

This prime location is directly in the path of development expansion at freeway exchange.

$ 6 / square ft.

Prime commercial potential at new I-15 / Sunnyside Rd interstate exchange in Idaho Falls. This property is a large 22 ac parcel that is in direct line with the new Snake River Landing development project and the I-15 interstate exchange. Parcel borders Sunnyside Road and is adjacent to the new Teton Toyota. This property is part of the new premier grand entrance into Idaho Falls.

This property will be integrated into the long range commercial planning and expansion of Idaho Falls. This I-15 / Sunnyside Road interstate exchange location is the entrance into the highly progressive Snake River Landing mixed use residential and commercial development. Owners have authorized the listing agent to discuss all possible long range purchase terms.

Directions:

S. from I.F. on I-15 to #116 interstate exchange. Go E from interstate exchange on Sunnyside Rd 1/4 mile, parcel on left

Targhee Village Golf Course for Sale / Alta Wyoming

Hello !

Own 91 acres of Wyoming acreage in Alta Wyoming for less than the market per acre price - with mature regulation length golf course in place. $4.25 million :

- LENIENT NO INTEREST / NO PAYMENT TERMS AVAILABLE

* with proper down payment

Full priority water rights - abundant water ! Sculpture your own water features. Lots of adjoining acreage available for construction.

Targhee Village Golf Course is located in Alta Wyoming, 8 miles from Grand Targhee Ski Resort. Great opportunity to own & expand lovely community golf course. Currently 9 holes, preliminary working drawings for completion of full eighteen holes avail. There are 701 ac of property directly adjoining or in close proximity to golf course that the owners will actively sell or or consider for sale.

Please call us for more information of this great property. We have met with Teton County Wyoming Planning and Zoning and gone over the potential development possibilities for these combined parcels of a total of 792 acres.

Directions: From Ski Hill Road, turn south on Stateline Road to Perimeter Drive and turn east.

---------------------

golf joke :

An engineer, doctor, and pastor golfing

A pastor, a doctor and an engineer were waiting one morning for a particularly slow group of golfers. Engineer: What's with these guys? We must have been waiting for 15 minutes! Doctor: I don't know, but I've never seen such ineptitude! Pastor: Hey, here comes the greens keeper. Let's have a word with him. [dramatic pause] Hi George. Say, what's with that group ahead of us? They're rather slow, aren't they? George: Oh, yes, that's a group of blind fire fighters. They lost their sight saving our clubhouse from a fire last year, so we always let them play for free anytime. The group was silent for a moment. Pastor: That's so sad. I think I will say a special prayer for them tonight. Doctor: Good idea. And I'm going to contact my ophthalmologist buddy and see if there's anything he can do for them. Engineer: Why can't these guys play at night?

------------------------

Sincerely - your friend and well wisher.

Timothy S Anderson

Silver Peaks Realty

Anderson Residential and Commercial Construction Services

pH 208 390 0737

www.buytetonland.com

Trailer Court Price Reduction / Idaho Falls Idaho

Hello !

11 space trailer court in Idaho Falls at intersection of I-15 / Broadway.

$ 27 180 gross annual revenue.

13 % annual return on cash investment !!!!

PRICE REDUCED TO $ 170 k

DO NOT MISS THIS OPPORTUNITY !!!

CALL ME FOR FULL DOCUMENT PACKAGE INCLUDING FINANCIALS.

----------------------

Timothy S Anderson

Silver Peaks Realty

Anderson Residential and Commercial Construction Services

pH 208 390 0737

www.buytetonland.com

Teton Valley Idaho Foreclosure Activity / Price Reductions

Hello !

Call me today for update on bank owned properties.

These properties have gone through the foreclosure process and the banks are willing to negotiate a sale to remove them from their books.

It is a great opportunity to own that property you always wanted in Teton Valley Idaho at a cost you can afford.

Sincerely - your friend and well wisher.

Timothy S Anderson
Silver Peaks Realty
Anderson residential and Commercial Construction Services
pH 208 390 0737

Teton Valley Idaho Bank Foreclosure Alert !!! Luxury Home

Hey !!

Foreclosure Alert !!!

Do not miss this opportunity in Teton Springs.

Once million dollar property available now for :

$ 375 000

3 BR, 4 Bath, 3000 sq. ft.

Call right away pH 208 390 0737

------------

golf joke

The amazing golf ball A golfer, playing a round by himself, is about to tee off, and a greasy little salesman runs up to him, and yells, "Wait! Before you tee off, I have something really amazing to show you!" The golfer, annoyed, says, "What is it?" "It's a special golf ball," says the salesman. "You can never lose it!" "Whattaya mean," scoffs the golfer, "you can never lose it? What if you hit it into the water?" "No problem," says the salesman. "It floats, and it detects where the shore is, and spins towards it." "Well, what if you hit it into the woods?" "Easy," says the salesman. "It emits a beeping sound, and you can find it with your eyes closed." "Okay," says the golfer, impressed. "But what if your round goes late and it gets dark?" "No problem, sir, this golf ball glows in the dark! I'm telling you, you can never lose this golf ball!" The golfer buys it at once. "Just one question," he says to the salesman. "Where did you get it?" "I found it."

------------------------------------

Sincerely - your friend and well wisher.

Timothy S Anderson

Silver Peaks Realty

Anderson Residential and Commercial Construction Services

pH 208 390 0737

www.buytetonland.com

Teton Village Wyoming Foreclosure Alert / Driggs Idaho

Hello !

CALL ME NOW !!!

TETON VILLAGE WYOMING FORECLOSER AUCTION FEBRUARY 17th !!!

TENSLEEP NORTH CONDO.

* I have to act for you now this weekend to make arrangements
to represent you at this auction.
-------------------------------------------------------

CALL ME KNOW !!

THURSDAY FEBRUARY 19th.

RACQUET CLUB CONDO - WEST LAKE CREEK DRIVE

TETON VILLAGE ROAD

* we have to make arrangements this weekend to represent you
at this auction

-------------------------------------------------------------------

Sincerely - your friend and well wisher.

Timothy S Anderson
Silver Peaks Realty
Anderson Residentail and Commercial Construction Services
pH 208 390 0737
www.buytetonland.com

Teton Valley Idaho / Alta Wyoming Golf Couse Sale / Bank Owned Properties

Hello !

Price reduction on this wonderful 90 acre golf course property in Alta Wyoming.

Priority water rights, mature turf.

This regulation length 11 hole facility ( 2 holes completed towards back nine ) is a community tradition.

Priced reduced $ 1 million to $ 3 999 999 !!!

-----------------------

Call me about bank owned properties being sold at ridiculous prices !!!

These are properties the bank has foreclosed on and just needs some money back for them.

-------------------------------

golf joke

A golfer goes into the pro shop and looks around frowning. Finally the pro asks him what he wants. "I can't find any green golf balls," the golfer replies. The pro looks all over the shop, and through all the catalogs, and finally calls the manufacturers and determines that sure enough, there are no green golf balls. As the golfer walks out the door in disgust, the pro asks him, "Before you go, could you tell me why you want green golf balls?" He replies, "Well obviously, because they would be so much easier to find in the sand traps!"

---------------------------

Sincerely - your friend and well wisher.

Timothy S Anderson
Silver Peaks Realty
Anderson Residential and Commercial Construction Services
pH 208 390 0737
www.buytetonland.com