$7,500 1st Time Home Buyer Tax Credit Podcast

IRS LogoFirst time home buyers have a great opportunity this year with the federal government’s $7,500 First Time Home Buyer Tax Credit. However, a lot of first time home buyers haven’t heard about it or don’t understand how it works. The Illinois Association of Realtors recently released a podcast (17 mins.) that gives a good explanation of the credit. It includes comments from Linda Gould, tax counsel for the National Association of Realtors.

02/14/2009 UPDATE: See “Economic Stimulus Package Includes $8,000 Tax Credit for Home Buyers” for home buyer tax credit revisions.

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Fran Bailey Fran Bailey is a Realtor who has been quoted in numerous Chicago and national publications. To schedule showings for any listings, get a free market analysis for your home or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More

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