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buyer tax credit: Only 88 days left to take advantage of the 2010 Buyer Tax Credit! - 01/31/10 09:29 AM
Don't miss this opportunity!
At the end of last year, the first-time buyer tax credit of up to $8,000 was extended through April 30, 2010. In addition, the credit was expanded to provide up to a $6,500 tax credit for qualifying prospective buyers who already own their home and who have lived in it as their principal residence for five years.
Here are some basics about the new tax credit.
First-time buyers who have not owned a principal residence for three years are eligible for a maximum tax credit of $8,000 or $4,000 for married couples filing separately. Current homeowners, who have consecutively maintained the home they … (2 comments)
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