To be eligible to claim the tax credit, buyers must have owned and lived in their previous home for five consecutive years out of the last eight years. The tax credit does not have to be repaid unless the home is sold or ceases to be used as the buyer’s principal residence within three years aft
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01/05/2010
To be eligible to claim the tax credit, buyers must have owned and lived in their previous home for five consecutive years out of the last eight years. The tax credit does not have to be repaid unless the home is sold or ceases to be used as the buyer’s principal residence within three years aft
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01/05/2010
The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase. The tax credit does not have to be repaid unless the home is sold o
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01/05/2010
Beginning 1 year after enactment of the Cap and Trade Act, you won’t be able to sell your home unless you retrofit it to comply with the energy and water efficiency standards of this Act. H.R. 2454, the “Cap & Trade” bill passed by the House of Representatives, if also passed by the Senate, will
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01/05/2010
An article in the Washington Post does a good job explaining the impact that the Cap And Trade Bill will have on new home construction and the housing market: The bill would give the federal government power over local building codes. It requires that by 2012 codes must require that new buildings
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01/05/2010
