2009 First-Time Home Buyer's tax credit The 2009 First-Time Home Buyer credit is a true tax credit, not a loan and has increased to $8000 this year!
Tax Credit is available to buyers who have not owned a principal residence in the last three years.
The maximum credit amount is $8,000.
The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.
The tax credit does not have to be repaid.
Gallery Real Estate can help! You have a limited time to take advantage of the Tax Credit. Gallery Real Estate can assist you with your first-time home buyer experience. Please do not hesitate to Contact Us for more information.