Last week, as the world knows by now, Congress passed a rather large Economic Stimulus Bill, with President Obama’s signature expected this week. One of its features – a tax credit of up to $8,000 for “first-time home buyers” within a certain income range – is included. It would be incredibly bold of me to try to explain this incentive, so instead, I give you NAR President Charles McMillan’s explanation: First Time Home Buyer $8,000 Tax Credit
So, What’s Up With This $8,000 Tax Credit?February 17, 2009
