Friday, April 30, 2010
Salt Lake City Real Estate or Condos
Federal Tax Credits End Today - April 30th, 2010
Question: Does a real estate transaction or closing need to take place by April 30, 2010 to qualify for tax credits that are available from the Federal Government?
No. A Real Estate Purchase Contact has to be signed by April 30, 2010 to qualify for Tax credits.
Question: Who qualifies?
1. First time home buyers or those who have not purchased a home in the last 3 years qualify for the $8,000 Credit.
2. Existing home buyers qualify if they have lived in their current residence for longer than 5 years. The tax credit available to them is $6,500.
Any questions, call me: Jay Rice - 801-633-3994, owner and developer of MillCreek Terrace Condos - 3944 So. 900 East, Salt Lake City, UT
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