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Everyday we here a reminder about the $8000 First time homebuyer credit but don’t overlook other tax benefits for owning/buying a home!! Buying a home: $8000 Tax Credit – This is a true tax credit that can be taken by First time homebuyers as well as buyer’s that have not owned a home in the last 3 years. It applies to primary residences only, has income limitations and does not have to be paid back. You must close by November 30, 2009 in order to take the credit. Points - Points paid at closing are usually deductible as interest if you … (1 comments)
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