Get Your First-Time Homebuyer Credit HERE!
Well, the economic stimulus plan signed into action has hit the ground running! The U.S. Department of the Treasury released this notice yesterday, explaining the differences between the previous first-time homebuyer credit and the new plan. As per the statement issued by the Treasury Department:
Under the new law, qualifying taxpayers who buy a home this year before December 1 can claim up to $8,000, or $4,000 for married individuals filing separately, on either their 2008 or 2009 tax returns. Unlike the prior first-time homebuyer credit, this is money individuals do not need to pay back.
Exciting new for many of San Juan Realty, Inc.’s clients, as we’ve seen numerous first-time homebuyers taking advantage of the current market conditions and buying their first home. For more detailed information on this expanded credit for first-time homebuyers, visit the IRS website and review the details and limitations.
Homes in Ridgway, Montrose, Ouray and Telluride CO from San Juan Realty Inc.
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