Incentive for First Time Homebuyers
House Bill 261 On May 11, Georgia Governor Sonny Perdue signed House Bill 261 allowing a tax credit for homes purchased between June 1, 2009 and November 30, 2009. The credit is the lesser of $1,800 or 1.2 percent of the purchase price and it is not limited to first time homebuyers. To qualify for this credit, the home: Must have been for sale prior to May 11, 2009 and still be held for sale, or Must... Read More