Documenting the First-Time Homebuyer Credit
To help stimulate the economy and the market for home sales, in 2008 Congress enacted a refundable tax credit for first-time homebuyers. IRC §36, First-time Homebuyer Credit provided eligible individuals with a maximum credit of $7,500 (more…)
Read Full Post | Make a Comment ( 5 so far )First Time Homebuyer Tax Credit Now Available to Existing Homeowners
First Time Homebuyer Tax Credit Now Available to Existing Homeowners
Many of us are already familiar with the $8,000 tax credit incentive for first-time homebuyers…but did you know this tax credit now includes new homebuyers who already own a home? (more…)
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