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isaksonlieberman home buyer credit: Waiting for a Sign from Congress Before You Buy?: Home Buyers Could Get Tax Credit - 02/08/09 10:52 AM
Summary: If you're a first time home buyer or other home buyer you may be able to take a tax credit of $7,500 to $15,000 on your home purchase, if you live there for at least two years. Congressional leaders believe this tax credit for buying a home will help stimulate home sales and grow jobs. But what about real estate investors, who bought up many homes in the past several years? If the tax credits don't help them, will the country achieve an optimal level of home sales?
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