Today, the President signed a bill into law providing tax incentives to prospective homebuyers. This bill extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010. Additionally, the bill expands the credit to include a $6500 credit for current home owners purchasing a new or existing home so long as the home they are leaving has been used as their principal residence for 5 years or more. For more information on the home buyer tax credit, please visit irs.gov. The bill signed by the President today also extends unemployment benefits.
ABOVE IS COPIED FROM AN EMAIL SENT BY Senator Richard Burr stating the provisions of the new FTHB Tax Credit passed and signed today.
Marc White
Marketing Specialist, ABR, GRI, ePro
Broker/REALTOR
Direct 828-406-2134
Marc@CedarFallsRealty.com
Marc White Real Estate, Boone Real Estate, Blowing Rock Real Estate, Banner Elk Real Estate, High Country Real Estate
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