In visit for a bag buyer's transaction to be suitable to receive the benefits of this credit, the cost of the bag haw not be more than $800,000 and there would be $125,000 and $225,000 income limits for azygos and render filers (over the geezerhood of 18), respectively. Additionally, as daylong as the new bag is the buyer's "principal residence" for at small 3 years after the fellow of purchase, the assign will not need to be repaid.
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