|
OPEN YOUR DOOR TO $$$$$!!!
Never before have First Time Homebuyers been offered such an incentive to own a home. The new 2009 tax program is a credit, not a deduction, and you receive the amount OFF the amount you pay in tax or receive a refund back if your tax bill is less than the amount. Tax credit of up to $8,000 (or 10% of home purchase price, whichever is less) available right now! Can be used against 2008 tax return! The new law allows taxpayers to choose ("elect") to treat qualified home purchases in 2009 as if the purchase occurred on December 31, 2008. Taxpayers buying a home who wish to claim it on their 2008 tax return, but who have already submitted their 2008 return to the IRS, may file an amended 2008 return claiming the tax credit. A tax professional should be contacted to determine how to arrange this. Also, if homebuyers made a 2009 home purchase and already filed for the $7500 credit they will be able to file an amended 2008 tax return. Homebuyers in this situation may file an amended 2008 tax return with a 1040X form. A tax advisor should be contacted to ensure this is filed properly. If you are a First Time Buyer, or have not owned a home in the last 3 years, this credit can cover much of you closing costs or down payment after you file for the credit (after you close on your home). Call me today, I am an Accredited Buyer Representative and First Time Buyer Specialist. I will help you get in a home today! (972) 839-0111
|
Equal Housing Opportunity