New Tax Credits for First-Time Home Buyers | $15,000 Tax Credit Explained for New Homeowners

The First-Time Homebuyer Act of 2021 will allow up to $15,000 in tax credits for first-time home buyers.

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If the bill is passed by Congress, it will allow a credit equal to 10% of the purchase price of your new home, up to $15,000.

Watch this episode to find out who qualifies and all other details.

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).