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Guest

is 8k the max amount i can get as a first time home purchaser?

Garysnober · Joined: 17 Mar 2009 Posts: 450 15.29 Dollars($)

Hi Kat, Yes if you are a first time home buyer then you can receive 10% of the purchase price up to a maximum of 8k tax credit. So if the house is over 80k you will get the max.

Posted: Wed Sep 02, 2009 7:38 pm Post subject:

Yes 8k is the most. You need to find out all the rules in order to qualify. I know someone who bought a house from their parents and then found out they could not claim the credit. House has to be bought from a non-relative. The credit is 10% of purchase price up to $8,000 max.

gunzijjistaff · Joined: 07 Apr 2009 Posts: 712 4.51 Dollars($)

Hi Kat,

Welcome to our forum.

Yes, If you purchasing home first time from non-family members then you will be eligible to receive 10% over the $8.000K is max.

Thanks & Regards.
gunz.ijjistaff

sunnyca2009 · Joined: 04 Aug 2009 Posts: 1731 35.55 Dollars($)

Max 8k or max 10% of your purchase price

gmakerley · Posted: Thu Sep 03, 2009 6:39 am Post subject:

tra-la-la

jveenstra · Posted: Thu Sep 03, 2009 8:58 am Post subject: Tax Credit

All stated above is correct along as your income is not over $75,000 as a single person.

Guest

I bought condo.. since 2005, do I qualified foe tax credit

Posted: Sun Sep 20, 2009 4:48 pm Post subject:

how much I shoul get

sunnyca2009 · Joined: 04 Aug 2009 Posts: 1731 35.55 Dollars($)

Are you saying you bought in 2005?

Then you do not qualify

gmakerley · Posted: Mon Sep 21, 2009 8:44 am Post subject:

guest, you should get what's coming to you.

sunnyca2009 · Joined: 04 Aug 2009 Posts: 1731 35.55 Dollars($)

Interesting.

let us know guest how much you got

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