Category Archives: IRS

10 Important Tips for First-Time Buyer Tax Credit

If you are in the market for a new home, you may still be able to claim the First-Time Homebuyer Credit. Congress recently passed The Worker, Homeownership and Business Assistance Act Of 2009, extending the First-Time Homebuyer Credit and expanding … Continue reading

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82 Days left for $8,000 Tax Credit | Valuable IRS Scenarios

The unprecedented $8,000 First Time Buyer Tax Credit is definitely in the home stretch!  Only 82 days left until the final close date of November 30th. Now is the time for your buyers to write up offers – encourage them … Continue reading

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First Time Buyer $8,000 Tax Credit Repayment??

Just a quick little tip regarding the IRS $8,000 First Time Buyer Tax that we thought was worth sharing. The first time buyer tax credit of $8,000 MUST be repaid if the house ceases to be your primary residence within … Continue reading

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