$10,000 California First Time Home Buyer Tax Credit

Assembly Bill 183, The Home Buyer Tax Credit – Keep in mind, folks, that this is a California First Time home buyer tax credit, not a Federal first time home buyer tax credit that expires at the end of April, 2010. The CA tax credit existed in 2009, but it only applied to the purchase of brand new homes. This year, it was extended to new and previously owned homes.