How buying or owning a home can help you save your taxes?? Having a home is not only an essential but one of the major investments an individual or family does in its lifetime. Here are certain points which might be useful for you. Tax credit: First time Home Buyers tax Credit (HBTC) was introduced in year 2009. HBTC amount applies to qualifying homes acquired after January 27, 2009, and provides up to $750 in federal tax relief. An Individual is considered to be first time home…