Thursday, November 5, 2009

Qualify for Tax Gift

There will be an extension of the first time home buyers into 2010 which is an election year.

But also, homeowners who have lived in their current home for five of the last 8 years can claim $6,500 tax credit! There are income limits, up to $125,000 for singles and $225,000 for couples.

I have to ask. How will this help the economy? I mean, other than put tax $ back into the wallets of many Americans.

Interesting.

'til later

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