$8000.00 Tax Credit!

OPPORTUNITY OF A LIFETIME FOR FIRST-TIME BUYERS!

For aspiring home owners who find their goal stubbornly elusive, newly enacted legislation providing a tax credit of as much as $8000.00 for first-time home buyers might just be the opportunity of a lifetime.


A tax credit of up to $8,000.00 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have to be repaid.

 

First-Time Home Buyer Tax Credit at a Glance

  • The tax credit is for first-time home buyers only.

  • The tax credit does not have to be repaid.

  • The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.

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

  • Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.

  • Get more information HERE

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