Senate OKs $15,000 tax break for home buyers. The proposal would allow a tax credit of 10 percent of the value of new or existing residences, up to a $15,000 limit. Current law provides for a $7,500 tax break for the purchase of new homes only. The new law is open to all home buyers and not just first time home buyers. It still needs to make it's way through congress. I will keep you posted.
KenSellsHomes
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