What is the Homebuyer Tax Credit and who qualifies for it


The stimulus plan that President Obama has signed into law as part of the American Recovery and Reinvestment Act of 2009 contains an important tax credit for first-time home buyers: a tax credit of 10% of the purchase price, up to $8,000 for first-time home buyers only. First-time buyers, for the purpose of this credit,Continue reading “What is the Homebuyer Tax Credit and who qualifies for it”