Laws & Taxes

Congressman Hodes Urges Extension of First-Time Homebuyer Tax Credit

Washington, DC - October 21, 2009 - (RealEstateRama) — Congressman Paul Hodes today wrote to House leadership in support of an extension of the first-time homebuyer tax credit.

Department of Revenue Administration Reminds Meals & Rental Operators License Obligations and Offers Workshops for Assistance

Concord, NH - May 14, 2009 - (RealEstateRama) — Meals & Rentals Tax Operators are reminded that it is necessary to register for a Meals & Rentals Tax License prior to serving taxable meals, renting rooms, or renting motor vehicles. Pursuant to RSA 78-A:4, licenses expire on June 30th of each odd numbered year.

New Hampshire Housing Approves Three Projects for Tax Credit Reservations

Bedford, NH - October 25, 2008 - (RealEstateRama) — At its recent meeting, the Board of Directors of New Hampshire Housing Finance Authority approved the reservation of Federal Housing Tax Credits for three development projects that will add 70 new affordable rental units to the state’s housing supply.

GREGG, SUNUNU ANNOUNCE $65 MILLION IN FEDERAL TAX CREDITS FOR DEVELOPMENT PROJECTS IN NEW HAMPSHIRE COMMUNITIES

WASHINGTON, DC - October 20, 2008 - (RealEstateRama) — United States Senators Judd Gregg and John Sununu (R-NH) today announced that the United States Department of Treasury has awarded $65,000,000 in tax credits to the New Hampshire Business Finance Authority (NHBFA) for development initiatives in New Hampshire communities.  NHBFA will use the New Markets Tax […]

NH Senator supports bill to help people stay in homes, stem foreclosure rates, provide stability to the financial markets and restore confidence in the nation’s economy

WASHINGTON - July 26, 2008 - (RealEstateRama) — United States Senator Judd Gregg (R-NH), Ranking Member of the U.S. Senate Budget Committee, today applauded Senate passage of the Foreclosure Prevention Act of 2008 (H.R. 3221) to help stabilize and revitalize the nation’s ailing housing sector and financial markets while helping homeowners avoid mortgage delinquencies and […]

New Law Requires Mortgage Originators Be Licensed

CONCORD - As part of the state’s ongoing efforts to better protect consumers, Gov. John Lynch today signed a new law requiring mortgage originators to be licensed.
“We are currently experiencing a significant downturn in the national economy, some of which can be directly traced to abuses and unscrupulous practices in mortgage lending. In addition to […]

New Hampshire Housing Approves Financing for Six Rental Housing Projects

Bedford, NH – At its recent meetings, the Board of Directors of New Hampshire Housing Finance Authority approved financing for two new construction projects in Keene and Franklin, and the reservation of Federal Housing Tax Credits for four development projects that will add 163 rental units to the state’s affordable housing supply.

Gov. Lynch Announces Launch of Research and Development Tax Credit

New Credit Aimed at Attracting, Keeping Innovative Jobs in New Hampshire
MANCHESTER, Nov. 14, 2007 - Gov. John Lynch today announced that businesses may soon begin applying for the newly created research and development tax credit, which is aimed at attracting and keeping innovative jobs in New Hampshire.

What is Real Estate Transfer Tax?

The Real Estate Transfer Tax is a tax on the transfer, sale or granting of real property or an interest in real property. The tax is also due on transfers of interests in “real estate holding companies”. The current tax rate is $1.50 per $100 of the price or consideration for the transfer, half payable […]