First-Time home buyer tax credit

By
Real Estate Broker/Owner with Real Estate Showcase

The Ohio Association of Realtors has put together a brochure with updated details regarding the new tax credit for first-time home buyers.  The brochure is available for download and contains answers for questions such as:

  • If I haven't filed my 2008 tax return yet, can I claim the credit for a home purchased on Jan. 1, 2009? The answer is YES! You can claim it on the return due April 15; file for an extension; or even amend a previously filed return.
  • Do I have to repay the tax credit? No as long as you stay in the home for three years.
  • Is there an income restriction? Yes...$75,000 for single or head of household; $150,000 for married couples filing jointly.
  • Visit www.reshowcase.com/tax-brochure to download the brochure...

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    Rainer
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    Lynn Semer
    Cutler Real Estate - Wooster, OH
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    LOL - ok ya beat me!  Good Blogging!

    Mar 15, 2009 07:18 AM #1
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    Fred Griffin, on leave of absence from ActiveRain
    Fred Griffin Real Estate - Tallahassee, FL
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    Hi, Tom.

        If you are still in the real estate business, we invite you back to ActiveRain!

    Jul 16, 2017 07:24 PM #2
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