Great Home for 1st Time Home Buyer - 08/14/09 06:35 PM
There are a lot of tax credits floating around out there these days.  One is the tax credit for 1st time home buyers.  What happens is this - if you buy a home for the first time, you get a tax credit equal to 10% of the amount you paid for the home.
So, next January when you go to file your taxes, if you bought a $60,000 house, you can subtract $6000 from your tax bill.  If you buy a $100.000 house, you get to subtract $8,000 because $8000 is the most they will give you back.
If you had taxes … (0 comments)

 
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Toni Bird

Hoover, AL

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Coldwell Banker Preferred Properties

Address: 2820 Columbiana Rd., Suite 101, Birmingham, AL , 35216

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