First-Time Homebuyer Credit Extended

First-Time Homebuyer Credit Extended and Includes Existing Homeowners For the first time, long-time homeowners who buy a replacement principal residence may also claim a homebuyer credit of up to $6,500 (up to $3,250 for a married individual filing separately). They must have lived  in the same principal residence for any five-consecutive year period during the eight-year period.. read more →