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John P wants to know:
Can someone explain in lay man terms as what exactly is this 8k tax credit for first time home buyer.
Can someone explain in lay man terms as what exactly is this 8k tax credit for first time home buyer.
If I am a first time buyer , salaried with 60K/year,planning to buy 190K home for the first time in my life
Does it mean that government is giving me 8K from there end to buy home which I don’t have to repay ? Is that 8K like a gift to me from govt which I don’t have to repay ?
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