Tax Credit for Home Purchase

November 24, 2009

This is a good article in today’s USA TODAY explaning the new and broader rules for the program.
You can now purchase a second home if you have owned a home for five consecutive years and receive a $6,500 credit, as long as you make the new home your primary residence.

www.usatoday.com/money/perfi/columnist/block/2009-11-23-home-tax-credit_N.htm

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