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The New “New” First Time homebuyer credit.
The President signed new legislation into law last month that allows a first-time homebuyer purchasing a primary residence to be eligible for a tax credit. To qualify for the tax credit, a home purchase must occur on or after January 1, 2009 and before December 1, 2009. For the purposes of the tax credit, the purchase date is the date when title to the property transfers to the home owner. Image...
March 11th, 2009 by The Tax Man
