The Federal Tax Credits Blog

Posts Tagged ‘firsttimehomebuyerstaxcredit’

Question: home tax credit…………?

my husband and me are buying a home contract for deed and only paying 5,000 for it.. we are paying it off when we get our income tax money..

can we do the tax credit thing??

and how much will we get..

thanks for any info..
8 minutes ago – 4 days left

Answer: If you pay $5000, the 10% credit would be $500.

Contract For Deed Buyer Tips- Jason Regenscheid Edina Realty North Oaks

Question: Are there government tax credits for a current home owner buying a house in September of 2009?

I’ve heard there is a $6500 tax credit for existing homeowners buying a new house. How far back does that extend?

Answer: No.

The $6500 is only effective for purchases after 11/6/2009.

Prisoners, children cash in on homebuyer tax credit

Associated Press WASHINGTON — Living in prison didn’t stop nearly 1,300 inmates from cashing in on a popular tax break for first-time homebuyers, a government investigator reported Wednesday. Their take: more than $9 million.

$8000 Tax Credit Extension Approved for First Time Home Buyers & Existing Home Owners