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First-Time Homebuyer Tax Credit

By
Real Estate Broker/Owner with Century 21 Prevete

Purchase your first home before December 1, 2009 and receive a tax credit of $8000.  Buyers must not have owned a principal residence in the 3 years prior to this purchase.  Income limits apply as well.  Full amount of credit available for individuals with adjusted gross income of no more than $75,000 ($150,000 on a joint return). Phases out above those caps ($95,000 and $170,000, respectively).

There is NO REPAYMENT with this credit, as long as the home is not resold within the first 3 years.

SO LET'S GO!  I can find you a home! Just call me on my cell at (516) 660-2984.

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