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As you may have heard, there has been an extension and expansion of the bill passed in early 2009 that allowed a tax credit for first time home buyers. As your resource for all things real estate, I wanted to get you the most current and complete information available on this legislation. It appears that this bill will allow first time home buyers to continue to benefit, and it will expand benefits to current home owners who have lived in their primary residence for 5 years. I hope you will read through the information to see if it could assist you or someone you know who may be interested in a move at this time.
Below is the current bill as passed by Congress and signed by the President. I hope you find it helpful. As with any tax issue, if you have further questions as to your eligibility, you should contact a tax professional.
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