New IRS Guidelines for Home Buyer Tax Credit
In November 2009, to pump more life into the housing market, the federal government extended the $8000 tax credit for first time home buyers to April 30th, 2010. In addition, those who have previously owned a home can apply for a $6500 credit. Check the IRS website for answers to questions about the program and eligibility requirements.
Read the LA Times article, “IRS Issues New Guidelines on Obtaining Home Buyer Tax Credits.”