$8000 Tax Credit for First Time Home Buyers in 2009

The just passed stimulus bill gives a first-time home buyer a tax credit of $8,000. Homebuyers must have purchase a home after Jan. 1, 2009, and before Dec. 1, 2009, to be eligible for the $8,000 credit.

A Tax Credit applies directly to the taxes you would owe. As an example, if your federal income tax owed for 2009 is $10,000 and you purchase a home this year, you would only owe $2,000!

* First time home buyer is defined as someone that has not owned a home for three (3) years.

Michael Woodward

Michael is the founder and CEO of jumbleThink.  He is also the CEO of Woodward Design Group.  He and his team have built over 400 website for small businesses to large customer portals for Fortune  100 corporations.  He has also consulted with hundreds of businesses through the Small Business Development Council in Butte County,  Ca (http://www.buttecollegesbdc.com) along with teaching courses on web design / development and marketing strategies.  His passion is to help individuals and businesses make their dreams attainable through creative thinking / idea formation and strategy.