My Naples Florida Blog

First-Time Homebuyer $8,000 Tax Credit

Calling on all First Time Home Buyers...Now is the time to buy your Naples home.  Yes Naples is affordable again.  So if you have ever wanted a Naples home, now is the time to buy.  See for yourself.  Check out the NEW First Time Homebuyers benefits.

· Home purchases January 1, 2009 and before December 1, 2009.

· Married taxpayers’ max income up to $150,000 qualify for the full tax credit.

· Single taxpayers’ incomes up to $75,000 qualify for the full tax credit.

· The tax credit is equal to 10% of the purchase price up to $8,000.

· The tax credit does not have to be repaid.

· The tax credit is for first-time home buyers-IRS first-time home buyer is a person who has not owned principal residence during the last three-years.

The best information is contained on the IRS form 5405, http://www.irs.gov/pub/irs-pdf/f5405.pdf

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Posted by Alice Miller, Realtor on May 15th, 2009 6:21 PMPost a Comment (0)
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Members; Naples Area Board of REALTORS®, Florida Association of REALTORS®, and National Association of REALTORS®.   In association with Amerivest Realty of Naples-10001 Tamiami Trail North, Naples FL 34108 and 500 Fifth Avenue South, Naples FL  34102

   

       

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