Examining Desk Rental, Marketing Service Agreement and Joint Venture Partnerships
The National Association of REALTORS® (NAR) recently released its 2021 “Home Buyer and Seller Generational Trends” report.
Earlier this year, President Joe Biden proposed bringing back the first-time homebuyer tax credit; this time with a max of $15,000 per buyer that would go toward the down payment on a home.
The first-time homebuyer credit was first launched in 2008 following the Great Recession but expired about ten years ago. The terms of this previous tax credit included having to pay back the funds over time. It is not yet known if Biden’s proposal will include similar terms.