Dec
28
2009
Homebuyer tax credit information
Posted by admin in Uncategorized, tags: Credit, Credit Information, Home Purchase Price, Homebuyer, How Much Money, Information, July 1, Principal Residence, Tax Credit, Tax Information, Time Homebuyers
principal residence for any five-consecutive year period during the eight-year period that ended on the date the replacement home is purchased. HOW MUCH MONEY WILL YOU RECEIVE: * First Time Homebuyers – 10% home purchase price up to $8000. * Current Homeowners – 10% of home purchase price up to $6500. * If you are married filing separately, your credit is half the overall amount. WHEN DOES THE CREDIT END: * Credit ends on July 1, 2010. * Must have an executed contract to purchase no later …
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