Publications

Section Newsletter Articles on First-Time Homebuyer Tax Credit

2009 Homebuyer Tax Credit: What every young attorney should know By Julie A. Neubauer Young Lawyers Division, June 2009 This article is intended to aid the would-be homebuyer through the map of the tax credit, so that you utilize it to you fullest potential. 
Update regarding First-Time Homebuyer Tax Credit By Emily R. Vivian Real Estate Law, April 2009 As part of the American Recovery and Reinvestment Act of 2009, the first-time homebuyer credit is extended to principal residences purchased before December 1, 2009.
Tax law changes pursuant to the Housing Assistance Tax Act of 2008 By Emily R. Vivian Real Estate Law, October 2008 On July 30, 2008, President Bush signed the Housing Assistance Tax Act of 2008 (the “Housing Act”) which provides several important tax law changes, including, in part, a temporary tax credit for first-time homebuyers, a new property tax deduction for people who do not itemize, and a new restriction on the ability of homeowners to exclude from their income the capital gain on the sale of their principal residence.