How to Spend $8,000
So, you’ve closed on a home and that federal first-time homebuyer’s tax credit should be coming your way soon. Now what?
Well, first of all, realize it might take several weeks for the tax credit form to get processed. Even then, some homeowners will only see the credit as savings on their taxes, so don’t necessarily expect a check in the mail. Also remember that the credit’s maximum is $8,000 – it is actually ...
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