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Welcome to Prudential Douglas Elliman
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 | Welcome to Prudential Douglas Elliman, your source for Long Island real estate. Christina Hillman (631) 363-5419 In today's competitive real estate market, timing is everything. Many good homes are sold before they are ever advertised. Beat other homebuyers to the hottest new homes for sale on Long Island with my New Listings Notification. If you own real estate that you're thinking of selling, I would be happy to provide you with a FREE Home Evaluation. |
Whether you are buying or selling a home, hire someone like me, who wants to earn your business. I invite you to contact me as I'd be happy to assist you with this important transaction. In addition, if you have any general questions about buying or selling real estate in New York, please contact me as I'm more than willing to help. Please browse my website for listings, reports and important local real estate information.
Sincerely,
Christina Hillman
Licensed Real Estate Associate Broker Prudential Douglas Elliman (631) 767-9277 |  |
$8000 First-Time Home Buyer Tax Credit An $8,000 First-Time Home Buyer Tax Credit that does not require repayment is now available for the purchase of a principal residence on or after Jan. 1, 2009, and before Dec. 1, 2009. The homebuyer tax credit is one of 10 key provisions of the American Recovery and Reinvestment Act signed by President Obama into law on Feb. 17, 2009. The bill provides for a $8,000 tax credit that would be available to first-time home buyers for the purchase of a principal residence on or after January 1, 2009 and before December 1, 2009. The credit does not require repayment. Most of the mechanics of the credit will be the same as under the 2008 rules: the credit will be claimed on a tax return to reduce the purchaser's income tax liability. If any credit amount remains unused, then the unused amount will be refunded as a check to the purchaser.
Chart Highlighting the Major Modifications to the First-Time Homebuyer Tax Credit> (PDF: 309K)
Frequently Asked Questions> (PDF: 483K)
Download the IRS First-Time Homebuyer Tax Credit Form 5405> (PDF: 257K)
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