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The first-time homebuyer tax credit no longer exists; the U.S. government offered this program for first-time homebuyers from 2008-2010.
Besides extending the $8,000 tax credit for first time home buyers until April 2010, the Act also provides a $6,500 tax credit for current homeowners who purchase a home between November 6, 2009 and end of April 2010. [7] The Act also increases the income limits to qualify for the credit.
WASHINGTON -- Buying a home is about to get cheaper for a whole new crop of homebuyers -- $6,500 cheaper. First-time homebuyers have been getting tax credits of up to $8,000 since January as part ...
The first-time homebuyer tax credit encouraged many buyers to take the leap in 2010. Though the deadline to close on a qualifying home purchase was Sept. 30, 2010, those buyers who did qualify now ...
With the federal home buyer tax credit serving as a tailwind, pending home sales rose a seasonally adjusted 5.3% in March, the National Association of Realtors announced Tuesday. Economists ...
Adding insult to injury, around 950,000 homebuyers who claimed the first-time homebuyer tax credit for 2009 will need to return the money. The Inspector General for Tax Administration announced ...
Good news appears to be coming for supporters of the homebuyer tax credit. Senate negotiators reached a tentative deal to not only extend the $8,000 tax credit to first-time buyers but also to ...
Are you ready to celebrate the return of the Federal Home Buyer Tax Credit? Unless you're one of the 180,000 Americans with a pending sales agreement in contract by April 30, 2010, a celebration ...
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