$7,500 Tax Credit

By
Real Estate Agent with RE/MAX Alliance Group

Take Advantage of The Tax Credit
The first-time home buyer tax credits enables buyers who haven't owned a home for at least three years to take a credit against their 2009 tax return if they buy a house as their primary residence, but they have to act soon because the program ends July 1. The credit amount is 10 percent of the home price up to a maximum $7,500. Income limits are $75,000 for individuals and $150,000 for households., though some buyers earning above those limits can get a smaller credit. The credit must be paid back over 15 years, so it acts like a zero-interest loan. email me for additional details

Posted by

Stay Healthy & Safe,
Tracey Mullen REALTOR®
AHWD,CDPE,GRI,SFR
RE/MAX Alliance Group

Comments (0)