California Lawmakers Vote To Extend Home Buyer Tax Credit

With the first-time home buyer tax credit to expire in 39 days, California lawmakers have voted to extend a $10,000 tax credit for first-time home buyers through the end of 2010. The credit will apply to first time home buyers who purchase new or existing homes between May 1 and December 31 of this year. The tax credit would be for 5 percent of the purchase price or up to $10,000…

Read the full article at the KCRA.com Web site.


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