Buying > $8000 Tax Credit
Contact Ralph Marasco for further clarification about this $8000 tax Credit!
|
 |
A tax credit of up to $8,000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have to be repaid.
$8,000 Home Buyer Tax Credit at a Glance
- The tax credit is for first-time home buyers only.
- *** The tax credit does not have to be repaid.
- The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
- 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.
Here is a comparison of the new and old tax credits.
| Local news coverage! |
|
 |
February 18, 2009
Joe Gehrki, president of OABR and manager at CBSHOME West Dodge's Sales Office comments. |
| |
|
|
|
|