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Your FIRST Team In Real Estate

$8000 First-Time Home Buyer Tax Credit: It Truly Is a Buyer's Market

 

All need to qualify for the tax credit is..

1- To buy a home between January 1, 2009 and close on the home by December 1, 2009 provided that you have not owned a home in the last three years.

2- To make less than $75,000 annually as an indiviual or $150,000 annually if you are married. 

3- To file for the credit on your 2009 federal tax return.

And the best part is that the money is yours.  So long as you do not sell the home in the three years following your purchase, the government does not require repayment.  Once you have filed for the tax credit, it is applied against your 2009 federal tax return and after your tax payment for the year any excess in the $8000 up to the full amount will be sent to you as refund.

Don't miss out on this once in a lifetime opportunity.

 

 

Prudential First, REALTORS | Chad Harkness, Prudential First, REALTORS® | 2858 SW Villa West Dr. #200, Topeka, KS 66614 | 785-271-2888 | Contact Me by E-mail