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asked 5 months ago
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If you are talking about the tax credit it is $8000 or 10% of the purchase price
You need to buy and close on the property before December 1, 2009
There are also income limits. I believe for a single person you cannot make over 75k annually and a married couple cannot make over 150k.
You also can not have owned property in the last 3 years. You need to live in this property that you get the tax credit on for 3 years or you will have to pay back the difference.
You need to buy and close on the property before December 1, 2009
There are also income limits. I believe for a single person you cannot make over 75k annually and a married couple cannot make over 150k.
You also can not have owned property in the last 3 years. You need to live in this property that you get the tax credit on for 3 years or you will have to pay back the difference.
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