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Paul Hughes

"Author, Tough Love Real Estate"
  • 2 Helpful Answers
  • 4 Answers
  • 2 Blog posts
Broker at Prudential Conneticut Realty
Experience:
Managing Partner for The Direct Marketing Agency March 1988—April 1991
Direct response marketing firm with clients that included Dime Savings Bank of New York,…
President for Hughes Brand Advertising January 1995—October 2000
Founder of Fairfield County advertising that won top creative awards for its work for…
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Specialties:
I view my role as an advocate for my clients, someone who manages "transitions" in peoples lives rather than just a real estate transaction. My job is ... show more
Certifications
& Awards:
Accredited Buyer Representative
Gold Star Sales Performer
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Interests:
Read, writing, golf.
About:
Real estate is more than just an important financial "transaction." It's about transitions in people's lives. My wife Teresa and I manage our clients' ... show more
Testimonials:
"It is agents like you who bring integrity to our vocation.
I want to thank you for your straight-forward and professional approach to our transaction
... show more
Paul Hughes answered:
Yes. You get the full tax credit on your 2009 tax return. For single filers you need to have a modified gross adjusted income (after deductions) of up to $75,000 to qualify. For married taxpayers the maximum gross adjusted income is $150,000. In both cases a partial tax credit is available if your adjusted gross income exceeds those limits.The tax credit is equal to 10 per cent of the purchase price of a home up to a maximum of $8,000. It's available to new home buyers, which means anyone who hasn't owned a home in the past three years. It covers the purchase of single family homes, condominiums, and mobile homes. The credit is available for any purchase made now through December 1, 2009. - Mon Mar 9 2009, 08:01

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