Federal Housing Tax Credit for First-Time Home Buyers: Frequently Asked Questions
Source: www.federalhousingtaxcredit.com
Answers to questions about the $7,500 federal tax credit for first-time home buyers. Learn more about the Housing and Economic Recovery Act of 2008.
The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009.The following questions and answers provide basic information about the tax credit. If you have more specific questions, we strongly encourage you to consult a qualified tax advisor or legal professional about your unique situation.
For a complete summary of how this can benefit you click on the link and read the details. Call me at 919-877-8832 for more information or to help you with your first home purchase!
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