If you were one of the millions of people who became a homeowner between 2008 and 2010, whether it was your first time or your fifth, your purchase will have quite a noticeable effect on your taxes. That’s not only due to the lovely bump you’ll get from deducting your mortgage interest and property taxes, [...]
First-Time & Repeat Home Buyer Tax Credit – Rules and Limits is a post from the Money Crashers personal finance blog.
Source: http://www.moneycrashers.com/first-time-home-buyer-tax-credit-rules/
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