Homebuyer Tax Credit
You May Qualify for a Homebuyer Tax Credit
- Who is eligible? First time homebuyers (those who have not owned a principal residence in the past three years) could be eligible for a tax credit of 10% of the purchase price for a maximum of $8,000.
- What if I already own a home? Homeowers who have lived in their principal residence for five out of the past eight years and are purchasing a home to be their principal residence could be eligible for a $6,500 tax credit.
- How do I know if I qualify? There are a few different exceptions to who are eligible. Please contact Steve Morris or Doug McClure
Act Soon! The Tax Credit Will Expire This Spring!
