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Tax credit for first time home buyers comes with caveats - Aug. 18 ...
Aug 18, 2008 . Special Report Mortgage Meltdown. Beware the $7500 'tax credit'. The housing rescue credit may prod some new homebuyers. . April 9, 2008 and before July 1 , 2009, and can be taken on taxes filed during 2008 or 2009.
http://money.cnn.com/2008/08/15/real_estate/buyers_tax_credit/index.htm

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The Mortgage Porter: First Time Home Buyer Tax Credit
Aug 6, 2008 . If you purchased from April 9, 2008 - December 31, 2008; this post still applies to you. . First time home buyers may receive a tax credit of up to 10% of the . via email when new articles are published at Mortgage Porter .
http://www.mortgageporter.com/reportingfromseattle/2008/08/first-time-home.html

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Homebuyer Tax Credit Claims And Payback | Bankrate.com
The tax break subsequently was expanded, with a new credit limit of $8000 for first-time homebuyers . Folks who claimed the very first version of the tax break on their 2008 tax returns had to . Mortgage; Home Equity; Auto; CDs; Credit Cards .
http://www.bankrate.com/finance/taxes/homebuyer-tax-credit-claims-and-payback-1.aspx

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Mortgage tax deduction calculator
Bankrate.com provides a FREE mortgage tax deduction calculator and other . mortgage debt limit; this calculator assumes that your itemized deductions will .
http://www.bankrate.com/calculators/mortgages/loan-tax-deduction-calculator.aspx

Housing and Economic Recovery Act of 2008 - Wikipedia, the free ...
Included a first-time home buyer refundable tax credit for purchases on or after April . Covered mortgage commitments made on or before January 1, 2008. . to register with the newly renamed Nationwide Mortgage and Licensing System and .
http://en.wikipedia.org/wiki/Housing_and_Economic_Recovery_Act_of_2008

Tax Credit to Aid First-Time Homebuyers; Must Be Repaid Over 15 ...
Jan 23, 2012 . Applies to home purchases after April 8, 2008, and before Jan. 1, 2009. . Eligible taxpayers will claim the credit on new IRS Form 5405. This form . Your home financing comes from tax-exempt mortgage revenue bonds.
http://www.irs.gov/newsroom/article/0,,id=186831,00.html

Nation & World | Mortgage tax break may die in new deficit-cutting ...
Dec 24, 2010 . Mortgage tax break may die in new deficit-cutting Congress . that people saved in taxes from the mortgage-interest deduction in 2008 went to .
http://seattletimes.nwsource.com/html/nationworld/2013762297_deduction25.html

What's New for 2008 Taxes
The deduction for mortgage insurance premiums was scheduled to last for 2007 only, . The recovery rebate credit is a special federal tax credit for 2008 only.
http://taxes.about.com/od/2008taxes/a/whatsnew2008.htm

The McMansion Tax Break - 10 Tax Questions the Candidates Don't ...
2008 John O. Fox - All rights reserved. . Would you limit the tax break for home mortgage interest so that it subsidizes the purchase of one basic home? . purchase less new equipment and fewer new technologies than they otherwise might.
http://www.10taxquestions.com/articles.php?aid=2

2008 Federal Tax Credit | MFA - Housing New Mexico
2008 Federal Tax Credit . To receive the full tax credit, individual homebuyers must earn less than $75000, and . New Mexico Mortgage Finance Authority .
http://www.housingnm.org/2008-federal-tax-credit

Home Buyers Tax Credit
A. The first-time homebuyer credit is a new tax credit included in the Housing and . For homes purchased in 2008, the credit operates like an interest-free loan . first-time homebuyer credit regardless of who makes the mortgage payment.
http://nationalrealestatebrokers.org/HomeBuyersTaxCredits.htm

PolitiFact | The Obameter: Create a mortgage interest tax credit for ...
6 days ago . Create a refundable tax credit equal to 10 percent of mortgage interest for . In the 2008 campaign, Barack Obama promised to broaden the eligibility so . when looking for a new mortgage interest tax credit for non-itemizers.
http://www.politifact.com/truth-o-meter/promises/obameter/promise/19/create-a-mortgage-interest-tax-credit-for-non-item/

The Tax Benefits of Home Ownership | AllLaw.com
With the availability of these tax deductions, you should consider whether borrowing . Bob's 1098 for the year 2008 shows that he paid $11400 in mortgage interest. . They also want to buy a new car, take a family vacation, and pay for their .
http://www.alllaw.com/articles/tax/article3.asp

Will thelaw that we got insteadbe anyhelp in protecting consumers?

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NJ Recovery and Reinvestment Plan | Tax Relief for NJ Citizens and ...
See the NJ Housing and Mortgage Finance Agency website at . Under this new tax credit, taxpayers will receive a tax credit based on one hundred percent (100 %) . low income housing tax credits in federal fiscal years 2007, 2008 and 2009.
http://www.nj.gov/recovery/tax/

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