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House and Garden2021-11-11T02:14:23+00:00

House and Garden

The First-Time Homebuyer Act of 2021 is a federal tax credit for first-time homebuyers.

It’s not a loan to be repaid, and it’s not a cash grant like the Downpayment Toward Equity Act. The tax credit is equal to 10% of your home’s purchase price and may not exceed $15,000 in 2021 inflation-adjusted dollars.


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