Many potential customers ask me about the advantage of buying real estate in Florida and what other tax benefits are available to them by purchasing a home vs. renting (aside from the obvious).
Well, I’m happy to report that here is a special asistance program in place in Florida for buyers wishing to buy their own personal residence, but it’s ONLY available until April 30th of 2010 — so HURRY! Whether you are a first-time buyer, or have not owned a home in 8 years, you WILL qualify. These two programs are:
- An income tax credit up to $8000.00 for first-time home buyers.
- An income tax credit up to $6,500.00 for repeat buyers (those who have used their previous home as their principal residence for 5 of the 8 previous years).
For answers to FAQ’s (Frequently Asked Questions), such as:
For answers to these questions and MORE, go to www.federalhousingtaxcredit.com
Tags: Advantage of Buying Real Estate in Florida, First Time Homebuyer, Homebuyers Credit in Florida, Real Estate Taxes in Florida, Special Assistance Programs in Florida, Tax Credits on Florida Real Estate