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2009-10-07 09:47:41
$8000 Tax Credit for Home Buyers!

$8,000 Tax Credit for Homebuyers!

The credit is available to first-time home buyers and/or people who have not owned a home for three or more years. The credit applies to purchases made between 1/1/09 and 12/01/09.

Q: How much is the tax credit?
A: $8,000 or 10% of the purchase price, whichever is less.

Q: What type of purchase is eligible?
A: The purchase of a principal residence by first-time homebuyers.

Q: Who qualifies for the first-time homebuyer credit?
A: According to the IRS, any taxpayer who has not owned a home during the three years prior to the date of purchase can qualify for the credit.

Q: Do I have to repay the credit?
A: NO, as long as you live in the home three or more years.

Q: Are there income limitations on the tax credit?
A: The credit phases out for individuals with ADJUSTED gross income over $75,000 or married couples over $150,000.

For more information please call (801) 824-5070

Best Regards,

Felix Rodriguez

 
Blog Archive
2010-08-12 15:13:54
6 Common Home Buyer Mistakes to Avoid

2010-03-07 15:18:26
Forms and Information on the Homebuyer Tax Credit.

2010-01-29 11:25:37
Short Sales a Good Deal?

2009-11-05 06:59:02
New Tax Credits!

2009-10-28 18:29:49
$8000 Tax Credit Still in Play!

2009-10-23 09:59:40
Existing Home Sales Up!

2009-10-16 13:57:57
Economists Predict Housing Recovery

2009-10-07 09:47:41
$8000 Tax Credit for Home Buyers!

2009-10-07 09:43:46
Yes, you can still buy a home!


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