Tax Credit for First Time Homebuyers
Have you heard the news? Congress recently passed a first-time home buyer credit where you can receive up to $7500 credit. Here's the low down:
- First Time Home Buyers qualify (or if you have not owed a home in the past 3 years)
- Buy a home between April 9, 2008 and July 1, 2009
- Single taxpayers with incomes up to $75,000 and married couples up to $150,000 qualify
- The credit is good for up to $7500 depending on the purchase price of the home
For more information on this great opportunity visit, http://www.federalhousingtaxcredit.com/.
Thanks Uncle Sam!
