Law/Regulations · Real Estate

$8000 Tax Credit For 1st Time Buyers…

First-time home buyer?

If you haven’t owned a principal, single family home in the three years prior to purchase, you may be eligible for a tax credit up to $8,000.  This credit is available on homes purchased on or after January 1, 2009 and before December 1, 2009.  Generous income limits apply, single $75,000, married filing jointly $150,000.   There is no repayment as long as you keep the home for 3 years.

I’ve attached a link for some additional information about this tax credit.  For more information about this tax credit, please contact a qualified tax professional.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s