1st Time Buyer

HOMEBUYER TAX CREDIT

littleguyCongratulations! Congress has increased the homebuyer tax credit to $8,000 and has made several improvements concerning this credit. This bill provides for an $8,000 tax credit that would available for first time home buyers for the purchase of an owner occupied residence on or after January 1, 2009 and before December 1, 2009 and the best news is that this credit does not require repayment. The credit will be claimed on a tax return to reduce the buyers income tax liability. If any credit remains unused, then the unused amount will be refunded as a check to the purchaser.

(Article Courtesy of Peabody&Lynnfield Weekly News-March 5, 2009)

Comments

  1. Ubtoblem on

    Awesome post that seems very applicable to a scohol orchestra shot of about 30 kids that I am doing in a little over 48 hours. We are probably going to be shooting them on a staircase in a high scohol lobby. Any variations on this you would recommend? I am specifically wondering about placement of the separation light. The group, as I see it now, will be going up the staircase facing down to me.