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hr 3221: $7,500 Tax Credit for Home Buyers - 09/25/08 02:36 PM
The housing bill passed by Congress in late July 2008 is great news for home buyers. If you have not owned a home in the 3 years prior to purchase, the Housing Stimulus Bill (H.R. 3221) essentially gives you a $7,500 tax credit for any home, town home, or condominium purchase between April 9, 2008 and June 30, 2009.
The tax credit is basically an interest free loan from the government. If you are receiving money on tax day the $7,500 will be added to the amount you receive. If you owe money on tax day that money will be deducted from the … (0 comments)

 
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Christian Black

Clarksville, TN

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Prudential Professionals Realty

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