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8000: What The 2009 Tax Credit Is and How It Works - 03/11/09 02:23 PM
In February 2009, Congress expanded the first-time homebuyer tax credit (as modified in the American Recovery and Reinvestment Act) to provide a tax credit of up to $8,000 for first time home buyers that no longer has to be paid back to the government. It's called the First Time Home Buyer Tax Credit and this is fundamentally what it is:
The Tax Credit is for first time home buyers only. The Tax Credit does not have to be repaid. The Tax Credit is equal to 10% of the home's purchase price, up to a maximum of $8,000. The Tax Credit is … (3 comments)

 
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Perry Thomas

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Keller Williams

Address: 1230 S. Hurstbourne Pkwy, Suite 100, Louisville, Ky, 40222

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Perry and Lynn Thomas discuss life and Real Estate in Louisville Kentucky


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