Yes, there are still homebuyer tax credits...in DC!
*For homes purchased on or before December 31, 2011. Hurry hurry hurry!
This federal tax credit is available to first-time homebuyers in the District of Columbia. It is the most popular of the DC real estate tax credits for first time homebuyers for obvious reasons…cold, hard cash stays in your pocket!
The credit is the smaller of:
- $5,000. if single, married filing jointly, head-of-household, or qualifying widow(er) ($2,500, if married filing separately) or
- The purchase price of the home.