Tax Credit

First-Time Home Buyer Tax Credit

Summary

The Tax Credit is available for first-time buyers only.
(those who haven't owned in at least three years).

The maximum credit amount is $8000.

The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.

Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.

The property must be held for at least 3 years.

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John Campobasso

John Campobasso

P: 888-221-SOLD

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