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Home Buyer's Tax Credit Extended

Both the the Senate and the House of Representatives have voted to pass legislation which includes  extending the home buyer tax credit from December 1, 2009 until April 30, 2010.  The bill extends not only the $8000 tax credit for first time home buyers, but also makes available a $6500 tax credit to current homeowners who sell their houses and buy another.  They must have lived in their current residence for at least five years.

The qualifying income levels for these tax credits have been raised from  $75,000 for a single purchaser and $150,000 for couples to $125,000 and $225,000 respectively.  Above those limits there are diminishing credits available.

To search for homes available for purchase using these tax credits, visit LasVegasHomeSpecialist.com and click on the Home Search button.

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