The Federal Tax Credits Blog

Question: Does the new $8000 first time homebuyer tax credit work with multi-family homes?

My wife and I are looking for a house that has a downstairs apartment that we can rent out, would we still be eligible for the $8000 credit?

Answer: no, not for investment property. As you are earning income from the property it is investment property, it does not matter that you live there as well.

Lakeville approves 2010 budget and tax levy

During most years, a truth in taxation hearing is a quiet affair attended by relatively few members of the community. But 2009 was not “most years.”

Elizabeth Schomburg from Family Credit On WREX 13 News

Related posts

• Tax Credit Family
• York Tax Credit
• Wikipedia Tax Credit
• Tax Refund Tax Credit
• Tax Credit Work
• Tax Credit Wikipedia
• Tax Credit Refund