First-Time Home Buyer Tax Credit

Question

Have any of you taken advantage of this new tax? I am aware that the tax is available for first-time home buyers only. The maximum credit amount is $7,500, and the credit is available for homes purchased on or after April 9, 2008 and before July 1, 2009. Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit. If I'm a single taxpayer with an income less than 75, 000 can I still qualify?

Answer 1

You should be able to qualify. Speak to your accountant if you have one.  You would take advantage of it once you file your taxes and would claim the refund. (again, speak to your cpa). I will be talking about it on my real estate blog too.