http://www.myequitypro.com/2009/02/17/new-tax-credit-for-homebuyers/ The Skinny From A Top Player In The Mortgage World Wed, 09 Nov 2011 19:20:00 +0000 hourly 1 http://wordpress.org/?v=3.2 http://www.myequitypro.com/2009/02/17/new-tax-credit-for-homebuyers/comment-page-1/#comment-639 Credit Crunch » New Tax Credit for Homebuyers Wed, 18 Feb 2009 02:00:57 +0000 http://www.myequitypro.com/?p=1001#comment-639 [...] Your Mortgage Planner 2.0 Blog wrote an interesting post today onHere’s a quick excerpt Tax Credit for Homebuyers First-time homebuyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit.  Remember a tax credit is very different than a tax deduction – a tax credit is equivalent to money in your hand, as opposed to a tax deduction which only reduces your taxable income. The tax credit starts phasing out for couples with incomes above $150,000 and single filers with inco [...] [...] Your Mortgage Planner 2.0 Blog wrote an interesting post today onHere’s a quick excerpt Tax Credit for Homebuyers First-time homebuyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit.  Remember a tax credit is very different than a tax deduction – a tax credit is equivalent to money in your hand, as opposed to a tax deduction which only reduces your taxable income. The tax credit starts phasing out for couples with incomes above $150,000 and single filers with inco [...]

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