Tax credit for first time home buyer

Is there any kind of credit other than deducting your interest, points, taxes for a first time home buyer?

Reply to
Chris Ruehrwein
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"Chris Ruehrwein" wrote

Not for 2007 tax returns.

To learn about the home buyer tax credit

ONLY FOR HOMES BOUGHT BETWEEN APRIL 9th, 2008 AND JULY 1st, 2009

go here:

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There are restrictions, exceptions, exemptions, and exclusions, including a payback over 15 years, so pay attention to the details.

"April 9th"? Anyone suspect that some Congresscritters son-in-law bought a house on the 10th?

Reply to
Paul Thomas, CPA

The (up to) 20% Mortgage Credit Certificate program is a good deal for first time home buyers who qualify based on income and location.

Reply to
Paultry

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