Many of my friends and clients have been asking me about the difference between Federal Home Buyer Tax Credit and the State Home Buyer Tax Credit. I found on the C.A.R. website a very informative comparison chart that I’d like to share with you. Click on the below hyperlink to download the pdf chart.
As always, it is best to consult with your tax consultant before you make any important financial decisions. The general guideline might not apply to everyone.
Please feel free to let me know if you need any further information regarding the tax credit.