Congress and President Obama Extend and Expand Home Buyers’ Tax Credit
If you are a homeowner who has owned your home for five of the last 8 years and you meet certain income restrictions you will soon be able to take advantage of a Home Buyers’ Tax Credit of up to $6,500. On Friday President Obama signed into law not only an extension of the First Time Home Buyers’ Tax Credit through April 30th of 2010 but expanded it to include some current homeowners.
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