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Home > Tax Credits Not Just for First-Time Buyers in Bennington VT Real Estate Market

Tax Credits Not Just for First-Time Buyers in Bennington VT Real Estate Market

December 11, 2009 by Kathy Sollien

Are you looking for a larger home in the Bennington, Vermont area? You could be eligible for a tax credit of up to $6500! To claim:

  • You have owned and resided in your own home for five consecutive years out of eight.
  • You must be a single taxpayer with income up to $125,000 or married with incomes up to $225,000 to qualify. 
  • The Bennington, Vermont real estate is purchased for $800,000 or less.
  • The new home must be purchased  after November 6, 2009 and on/before April 30, 2010 (or have a binding contract in place by this date provided the purchase is completed by June 30, 2010)

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