Loans & Mortgages News Blog

$8,000 first-time home buyer tax credit available in Rhode Island, but time is running out!

First-time home buyers looking to purchase a home in Rhode Island, are eligible for up to 10% of the home’s purchase price, up to the maximum $8,000 tax credit just for buying a home. The latest stimulus package signed by President Obama makes these credits available to first-time home buyers on homes purchased between January 1,

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New Jersey $8,000 First-time Home Buyer Tax Credit at a Glance

$8,000 First-time Home Buyer Tax Credit at a Glance *The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase

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