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First Time Homebuyer Credit: Don’t Wait Until It Is Too Late

Friday, September 11th, 2009

By John J. Torrone, Esq.

If you have not had an ownership interest in a home in the past three years the Federal Government considers you a first time homebuyer.

First time homebuyers are entitled to an income tax credit of $8,000.00 if they purchase a home before December 1, 2009. So long as the home costs (more…)

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