First time buyer credit Housing Bill - 08/26/08 06:44 PM
First time buyer credit - Housing Bill provides a tax credit for First Time Home Buyers
The $7500 tax credit for first time home buyers is a significant incentive to purchase. It is a major positive provision in the Housing Bill that passed Congress over this past weekend. This is a credit not a deduction, which means it directly reduces the taxes owed - dollar for dollar.
This gives the new home owner directly as much as $7500 cash in the pocket at tax refund time.
The credit incentive is retroactive back to April 9, 2008 and continues through June … (0 comments)

 

Sean Murphy

Biloxi, MS

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Centennial Mortgage Corp.

Address: Biloxi, MS, 39532

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