Are you marrying a homeowner? If you’ve been renting and intend to buy a new home to share with your spouse, it could pay to do it before the wedding.
Reason: You may qualify for the first-time homebuyer’s credit (maximum of $8,000 for 2009) even if you purchase the home in both names. Conversely, if you wait until you’re married and your spouse has owned a principal residence in the past three years, you no longer will qualify for the credit.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/27094/tax-action-line-consider-this-marriage-proposal "