How would you like tax-deductible savings accounts exclusively used for buying your first home? The First-Time Homebuyers Act (FHSA) would provide this for you if the bill is approved. These accounts grant access to funds for you, the selected beneficiary, to purchase your first home. Allowing anyone to contribute to the account tax-free and can be opened by a family member to benefit and aid in the success of children and grandchildren. Furthermore, easing the hardship for individuals with college debt or low income to purchase their new home.
Contact your legislator now to help pass the First-Time Homebuyers Saving Act!
For more details, visit https://www.ohiorealtors.org/first-home/!