Skill and Loyalty

The homebuyer tax credit has been both extended and expanded, so hurry it expires soon.  Purchasers that qualify now have until 30 April 2010 to enter into a contract and it must close before 1 July 2010. Qualifying first time buyers may get $8000 filing jointly and $4000 filing single.  Repeat home buyers may also qualify for up to a $6500 credit and must have lived in their last home for 5 out of the last 8 years. Please consult a tax professional ( like Larry Layton CPA, (360) 867-1380, to see if you qualify. There are more qualifications than those mentioned in this article. I have linked the IRS Tax form below.   by Michelle Picucci. Real Estate Consultant