Second Time Homebuyer Tax Credit Real Estate
Definition
Similar to the First Time Homebuyer Tax Credit, but for a buyer who purchases their second home. Government credits up to $6,500 to 2nd time homebuyers.
Comments
To qualify, you must have lived in your primary resident for 5 continuous years within the past 8 years. All other conditions of the First TIme Homebuyer Tax Credit Program applies.