TIME-TICKING for the $8K Tax-Credit (Full Info)

 Those who want to receive the $8K tax-credit that is set to expire on November 30, 2009 and is widely believed not to be extended because of lack of money, has exactly 2 months & 2 days to settle on their house.  Call 215.592.9522 or visit here NOW!

$8,000 Home Buyer Tax Credit at a Glance

The information on this page pertains to the American Recovery and Reinvestment Act of 2009.

·   The tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.

·   The tax credit does not have to be repaid.

·   Any type of property qualifies

·   The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.

·   The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.

·   It can be claimed on 2009 or amended 2008 returns

·   Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.

  For more info…..

 http://www.federalhousingtaxcredit.com/2009/faq.php

 This is brought to you by the Philadelphia Real Estate Blog. Please comment at www.CenterCityRealEstateBlog.com