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First-Time Home Buyer Tax Credit FAQ'SCongress Enacts Bigger and Better Home Buyer Tax CreditProvided Courtesy of CENTURY 21 Realty Group February 17, 2009, 4:57 PMA tax credit of up to $8,000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have to be repaid.The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and … (5 comments)
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