Buy in '09; Get '08 Federal Tax Credit

In case you weren't aware, the federal tax credit for new home purchasers can be claimed by eligible home buyers on their '08 tax returns, even though they are making the purchase in '09. This is one of several provisions that might help spur home sales this year, since people can get their credit much quicker than waiting to file their '09 returns next year. For more information on the tax credit provisions, go to www.federalhousingtaxcredit.com