Important Tax Topics
First Time and Prospective Home Buyers Bulletin
November 5, 2009
If you are planning to buy a home now, and you already own a home, you should wait a little while before you buy...
because Congress is working out the details on a bill to expand the tax credit beyond first time home buyers. The government would give you a $6,500 tax credit If you have owned a home for five of the last eight years. This credit would apply to homes bought after the bill is enacted some time in November.
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