Tax credit for first time home buyer

Aug 28, 2008 2 Replies

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


"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:

formatting link

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?

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

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required