Currently viewing the category: "First Time Home Buyer Tax Credit"

I received an email from the IRS today.  The good stuff comes by email.  The letters…you don’t want to be receiving those.

 

Eight Essential Facts about Claiming the First-Time Homebuyer Credit

If you purchased a home in 2010, you may be eligible to claim the First-Time Homebuyer Credit, whether you are a [...]

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We’ve been getting a surge of traffic lately on questions related to whether the first time home buyer tax credit will be extended.

In a word (or few), no and it doesn’t need to be. Housing and the economy are both slowly, but surely, in recovery mode.

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What is the amount of the First Time Home Buyer credit?

First-Time Homebuyers (FTHBs): Most accurately, the main credit is for people who have not owned a home in the last three years and they are eligible under certain circumstances.    The credit is 10% of the purchase price of the home, with a maximum available [...]

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