first time homebuyer did you know about the 7: First time homebuyer? Did you know about the $7,500 tax credit?
- 09/23/08 09:50 AM
If you are a first time home buyer and wish to take advantage of the $7,500 tax "credit" (I say credit lightly) you had better act fast. The tax credit was passed with the Housing and Economic Recovery Act. The tax credit runs from July 1,2008 through July 1, 2009. What are the qualifications? You need to be a first time home buyer You need to purchase/close before July 1, 2009 Tax credit of 10% of your homes purchase price with a maximum amount of $7,500 Individuals have to make less than $75,000 per year Couples have to make less than … (0 comments)
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If you are a first time home buyer and wish to take advantage of the $7,500 tax "credit" (I say credit lightly) you had better act fast. The tax credit was passed with the Housing and Economic Recovery Act. The tax credit runs from July 1,2008 through July 1, 2009.;)
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