The US government implemented the American Recovery and Reinvestment Act in 2009, and it gives first time home buyers a one time tax credit of eight thousand dollars. The key elements to the credit are that you have to be buying your primary residence – that is – the home you’re going to live in. And second, you have to buy the home sometime during most of 2009 – from the first of January to the first of December.
Here are some critical aspects of the program. First, you can’t have owned a home in the three years before (1 comments)