First Time Homebuyers Tax Credit - 03/15/09 09:03 AM
Most of us have read several articles about the First Time Homebuyers Credit, but I thought a few points were worthy of highlighting again. 
 First, the definition of "first time homebuyer" is anyone who has not owned a principal residence in the 3 years previous to purchase.  This also applies to your spouse.  So if you are newly married and you have not owned a home before, but your new spouse owned a personal residence and sold it last year you would not qualify for the credit.
Second, there are two different First Time Homebuyer Tax Credits.  Both are refundable credits which … (0 comments)

 

Laura Roussel

Searcy, AR

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EXIT Realty Arkansas & Oklahoma

Address: 1701 E. Beebe Capps Expwy, Ste. 1, Searcy, AR, 72143

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