000 first time home buyers: Perfect Time for First-Time Buyers to Purchase that New Home!
- 02/18/09 02:19 AM
The economic stimulus bill that President Obama signed on Tuesday provides a huge benefit to homebuyers who purchase a home this year between January 1 and November 30. First-time buyers can claim a credit worth $8,000, or 10% of the home's value, whichever is less, on their 2008 or 2009 taxes. A big plus is that the credit is refundable, meaning tax filers see a refund of the full $8,000, even if their total tax bill was less than that amount. To qualify for the credit, the purchase must be made between January 1, 2009 and November 30, 2009. Buyers may … (0 comments)
The economic stimulus bill that President Obama signed on Tuesday provides a huge benefit to homebuyers who purchase a home this year between January 1 and November 30. First-time buyers can claim a credit worth $8,000, or 10% of the home's value, whichever is less, on their 2008 or 2009 taxes.;)
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