- The income limits are being raised to $125,000 for single taxpayers, and $225,000 for joint taxpayers, that's up from $75,000 for single and $125,000 for joint.
- A $6,500 tax credit has been added for other primary-home purchases, Basically anyone else buying a home that meets the income requirements. - The stipulation here is that you need to have owned your current home for at least 5 years.
- To qualify buyers need to have executed contracts to purchase in hand by April 30, 2010 - but have an additional 60 days to get the puppy closed. - That's June 30, 2010.
One Goal, One Passion!