The FINANCIAL — What happens if the major polls are right and the upcoming election results in a change of administrations, if Trump is out and Biden is in? How might the housing sector change? One place to look is the 2020 Democratic platform. It includes a suggestion that might significantly impact the real estate market is a proposed “tax credit of up to $15,000 to help first-time homebuyers, and will make the tax credit refundable and advanceable, so buyers can get assistance at the time of purchase, instead of having to wait until they file their taxes.” The First-Time Tax…
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