Are you wondering how does the new Economic Stimulus Plan effect YOU? If you are a home buyer during 2009, you need to check it out! ANSWER THE FOLLOWING QUESTIONS:
1. Are you a first time home buyer? (have not owned a home in the last 3 years)
2. Was your closing between January 1,2009 and December 1,2009?
3. Is your single income under $75,000 or married income under $150,00
IF YOU ANSWERED YES TO THESE QUESTIONS YOU NEED TO TALK TO YOUR TAX PREPARER TO FIND OUT HOW TO CLAIM YOUR TAX CREDIT!
More details include: This plan does not require repayment, provided you owner occupy that property for at least 3 years. The amount of your credit does depend on the purchase price of the home you buy, with a maximum tax credit of $8,000.
Do not miss out on these incentives. Perform a free search for homes in the Milwaukee area.
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