tax credit: 1st Time Home Buyer Credit - 03/06/09 05:37 PM
The New Stimulus Bill enacted recently delivers first time buyers as follows... "The bill provides for a $8,000 tax credit that would be available to first-time home buyers for the purchase of a principal residence on or after January 1, 2009 and before December 1, 2009.  The credit does not require repayment.  Most of the mechanics of the credit will be the same as under the 2008 rules:  the credit will be claimed on a tax return to reduce the purchaser's income tax liability.  If any credit amount remains unused, then the unused amount will be refunded as a check to … (0 comments)

 
Michael Mahoney, Boston Realtor (Century 21 American Properties) Rainmaker large

Michael Mahoney

Boston Realtor

Walpole, MA

More about me…

Century 21 American Properties

Address: 246 Main Street, Walpole, MA, 02081

Mobile: 617-615-9435

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog