california home buying tax credit

California Home Tax Credit. Up to $10,000 for Homebuyers

Governor signs home tax credit bill Governor Schwarzenegger signed AB 183 on Thursday, providing $200 million for home buyer tax credits. The bill allocates $100 million for qualified first-time home buyers who purchase existing homes and $100 million for purchasers of new, or previously unoccupied, homes. Eligible taxpayers who close escrow on qualified principal residences between May 1, 2010 and...

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