Kentucky Joins in Tax Incentives for Home Buyers
Posted by Tre Pryor, Editor-in-Chief on April 04, 2009 in News tagged with Governor Steve Beshear, President Bush, President ObamaBack in July we posted about the First-time Homebuyer Gets Tax Credit Relief that was signed into law by President Bush. This was great news for home buyers. Then, early in 2009, the new administration made the following adjustments. FEATURE H.R. 3221 - Housing and Economic Recovery Act of 2008 REVISED – Effective for Purchases on or after January 1, 2009 and Before December 1, 2009 Amount of Credit Ten percent of cost of home, not to exceed $7500 Maximum credit amount increased to $8000 Eligible Property Any single-family residence (including condos, co-ops) t
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