First-Time Home Buyers’ Tax Credit

First-Time Home Buyers’ Tax Credit

First-Time Home Buyers’ Tax Credit Program First-time home buyers may be eligible for a 15 per-cent income tax credit for closing costs. Details To assist first-time home buyers with the costs related to the purchase of a home. The First-Time Home Buyers’ Credit (FTHBC) provides a 15 percent credit on a maximum of $5,000 of home purchase costs (e.g. legal fees, land transfer taxes, etc.), ...

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Frank Elhami

Frank Elhami

Sales Representative
CENTURY 21 Innovative Realty Inc., Brokerage*
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