The Landing's Stimulus Plan

Have you heard about the new incentive for qualified first-time home buyers? Boylan Realty will help you make even more of this unique opportunity by helping you to find the best financing packages available. We are experts when it comes to finding our clients the best deals imaginable; don't miss out on this fantastic opportunity!

We have the answers about the home-buying incentive.*

Am I eligible?
If you have not owned a home in the past three years, you may qualify.

Will I be entitled to the full $8,000 home-buying incentive?
It depends on your modified adjusted gross income (MAGI).

How does the home-buying incentive work?
It is a direct tax credit that reduces the amount of taxes you owe, and potentially adds to the amount you receive back from the federal government. It's different from a tax deduction, which only reduces the amount of your income that is subject to tax.

If your eligible tax credit is more than what you owe in taxes, the balance will be refunded to you. (See an example scenario at FederalHousingTaxCredit.com.)

How long do I have to take advantage of this opportunity?
The federal home-buying incentive applies to homes purchased (closed) on or after January 1, 2009, and before December 1, 2009.

The tax credit can be claimed on your 2008 or 2009 tax return.

For additional details on the federal home-buying incentive, visit FederalHousingTaxCredit.com.

Don't miss out - call or visit to find out about amazing seller incentives that will help you make the most of this once in a lifetime opportunity.

*The Landing at Southpoint or Boylan Companies does not advise on any personal income tax matters or issues. The information provided here is for general information only and does not represent tax or legal advice (either express or implied), nor should it be a substitute for professional tax or legal services and/or advice. We strongly urge that before you purchase a home that you seek advice from a professional advisor that is familiar with your personal facts and circumstances. They can assist you in determining whether you qualify for the new credit and the amount available to you. This material shall not constitute a valid offer in any state where prior registration is required or if void by law.