
| Blog |
| First Time Home Buyer Tax Credit |
| June 26th 2009 |
| Now is the time to take advantage of the never before offered First Time Home Buyer Tax Credit of $8000. If you are a 1. First Time Home Buyer or have not owned real estate in the last 3 years and you 2. close on the purchase of your primary residence before December 1, 2009, by filing an amended tax return (1040X) and the application for the First Time Home Buyer Tax Credit, 3 if you owe nothing to the IRS within 8 -12 weeks you will receive a REFUND OF $8000. 4. This REFUND has no restrictions and can be used for whatever you like, fixing up your new home, going on vacation, or saving to ensure that you have a much needed buffer should something break on your new home. What an excellent opportunity! If you have any quesitons regarding the First Time Home Buyer Tax Credit, just give me a call (401-225-8600). I'm always more than happy to provide the information you need. |