Regardless of where you stand on the Stimulus Bill that was passed, it’s hard to argue the tremendous incentive given to first-time home buyers. If you meet income qualifications, you get an $8000 tax credit if you purchase a home between Jan 1 and Dec 1 this year. That’s a credit, not a deduction… which is basically money in your pocket unless you haven’t paid taxes for a decade. I think it might just be time to buy a home.
You know what comes next after buying a house right? You gotta fill it up with little ones. 🙂
But I’m too young to have kids.
hmm… maybe I should buy a house…. ha!