The $8K First Time Home Buyer Tax Credit


What do you think Real Estate Investors, will it stay… or will it go?

Read this article from The New York Times
and let me know what you think!

DALLAS – When Congress passed an $8,000 tax credit for first-time home buyers last winter, it was intended as a dose of shock therapy during a crisis. Now the question is becoming whether the housing market can function without it.

As many as 40 percent of all home buyers this year will qualify for the credit. It is on track to cost the government $15 billion, more than twice the amount

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