"Housing and Economic Recovery Act of 2008," . The President signed the bill on July 30, 2008, with the following provisions included: A temporary first-time home buyer tax credit. The tax credit will stimulate home buying, should reduce excess
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The crown of the the "Housing and Recovery Act of 2008" is the first time home buyers tax credit. First-Time Home Buyer Tax Credit at a Glance The tax credit is available for first-time home buyers only. The maximum credit amount is $7,500.
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