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If you are a first time homebuyer i.e. someone that has not owned a home in the last three years you may be able to claim the government’s $8,000 credit. To qualify single tax filers may not earn or than $75,000 per year - joint/married tax filers income cannot exceed $150,000.
Tens of thousands of [...]
The recently enacted economic-stimulus law contains an unusually attractive new tax break (up to $8,000) for many homebuyers — if they can only figure out how it works. Read the full article that appeared in today’s Wall Street Journal.
http://tiny.cc/RealEstateTaxBreak
Read the Full Article and Q&A here:
The new law sweetens a provision known as the “first-time homebuyer credit.” In [...]