Yes! Everyone has a dream to have their own real estate and off course all of them run behind it to fulfill their dreams. But it is not possible everyone to explore their dreams in reality due to money matters and sort of tax difficulties.
Well, here I am not exploring the tax difficulties in front of you. In fact, I am trying to give you something here. I am sure, it worths you. Yeah! All you are absolutely right.
If your dreams were not fulfilled from last three years and you are the first-time homebuyers then you can received up to an $8,000 tax credit. Yeah! It happens because the federal income tax credit for homebuyers has been extended and expanded to now include homeowners who wish to "move on" after 5 years of living in their current property, as well as first-time homebuyers.