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| $8,000 Tax Credit Extended Plus $6,500 For Existing Home Owners |
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The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence.
The tax credit now applies to sales occurring on or after January 1, 2009 and on or before April 30, 2010.
However, in cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.
The Assistance Act of 2009 has also established a tax credit of up to $6,500 for qualified move-up/repeat home buyers (existing home owners) purchasing a principal residence after November 6, 2009 and on or before April 30, 2010!
Further information can be found at www.federalhousingtaxcredit.com or www.irs.gov.
This information is provided for general awareness only, and is not intended for the purpose of providing legal, accounting, tax advice or consulting of any kind.
Please consult with your tax professional for complete details.
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/18/2010. The listing information on this page last changed on 03/18/2010. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of LEXKY MLS (last updated Wed 03/17/2010 6:30:59 PM EST) or Greater Louisville Association of Realtors (last updated Wed 03/17/2010 12:13:01 PM EST). Real estate listings held by brokerage firms other than Commonwealth GMAC Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. -- Privacy Policy
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