The Worker, Homeownership, and Business Assistance Act of 2009 extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence.
The Extension and Expansion of the First-time Homebuyer Tax Credit is Now Law
The government has just extended and expanded tax credits for home buyers – and not just those buying for the first time. First time home buyers can now receive an $8,000 tax credit through April 30, 2010 Home buyers who have lived in their residences for five years may now receive a credit of $6,500 […]
Effort to extend the $8,000 first-time homebuyer tax credit in Congress
The New York Times reported Wednesday night that Democratic congressional leaders are working with the White House to extend the $8,000 first-time homebuyer tax credit and make it available to all home buyers. The credit is believed to be a driving force in the recovery of the housing market. Some analysts fear the market will […]