The Stimulus Package and You: Part 1 of our Blogs on the American Recovery and Reinvestment Act of 2009

2008 & 2009 Home Purchases
If you have been saving to buy a house and you are a first-time homebuyer, now may be the time for you to seriously start looking into buying that home. The law defines "first-time home buyer" as a buyer who has not owned a principal residence during the three-year period prior to the new purchase. For married taxpayers, the law tests the homeownership history of both the home buyer and his/her spouse.

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