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2. Housing and Economic Recovery Act of 2008 - Wikipedia

   en.wikipedia.org/wiki/Housing_and_Economic...

   Included a first-time home buyer refundable tax credit for purchases on or after April 9, 2008 and before July 1, 2009 equal to 10 percent of the purchase price of a principal residence, up to $7,500. Phased out the credit for taxpayers with incomes over $75,000 ($150,000 for joint returns).

3. What is the first-time homebuyer tax credit? - AOL

   www.aol.com/finance/first-time-homebuyer-tax...

   The first-time homebuyer tax credit no longer exists; the U.S. government offered this program for first-time homebuyers from 2008-2010. A first-time homebuyer tax credit offers a direct reduction ...

4. Biden to Offer $15,000 First-Time Homebuyer Tax Credit - AOL

   www.aol.com/biden-offer-15-000-first-204040439.html

   The first-time homebuyer credit was a tax credit for individuals and families who purchased a new home between April 9, 2008 and April 30, 2010, according to the IRS. Biden to Offer $15,000 First ...

5. Government policies and the subprime mortgage crisis

   en.wikipedia.org/wiki/Government_policies_and...

   The Department of Housing and Urban Development (HUD) loosened mortgage restrictions in the mid-1990s so first-time buyers could qualify for loans that they could never get before. [136] In 1995, the GSE began receiving affordable housing credit for purchasing mortgage backed securities which included loans to low income borrowers.

6. What you need to know about the housing tax credit - AOL

   www.aol.com/news/2010-01-22-what-you-need-to...

   By now, you've probably heard lots of chatter about the first-time home buyers credit. The tax credit was originally part of the American Recovery and Reinvestment Act of 2009 and applied only to ...

7. Internal Revenue Code section 1031 - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   Although most taxpayers purchase second homes with the expectation of appreciation, the Service has ruled that properties that are purchased for personal use are NOT investment properties, and therefore do not qualify for Section 1031 treatment. Until 2008 many people were exchanging in and out of their second homes as there was little to no ...

8. How second-time homebuyers should approach today’s market - AOL

   www.aol.com/finance/second-time-homebuyers...

   Even so, plenty of people are managing to make the trade from starter home to upgrade property: Data from the National Association of Realtors shows that 68 percent of people who purchased a home ...

9. Understanding the First Time Buyer Tax Credit of 2009 - AOL

   www.aol.com/2010/12/09/understanding-the-first...

   The first-time homebuyer credit is a new tax credit included in the recently enacted Housing and Economic Recovery Act of 2008. For homes purchased in 2008, the credit operates like an interest ...