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Do you know about the first-time homebuyer tax credit?

By: McCoy's Editorial Team

federal first time home buyers tax credit

Did you know that if you're a qualified first time home buyer and bought your home in 2008 you may be eligible for a $7500 tax credit? That's right. The tax credit works like an interest-free loan and must be repaid over a 15-year period.

If you bought your home between April 9, 2008 and January 1, 2009 you may be eligible for the federal tax credit. Check out the link below and get all your questions answered.

Learn more about the first-time home buyer's tax credit here

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