Real Estate
Homebuyer Tax Credit Extended
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Taxpayers who entered into a contract to purchase a home on or before April 30th now have until September 30th to close on the home. According to the IRS, anyone who is attempting to claim the homebuyer credit will need to comply with special filing and documentation requirements. See what other information you need to [...]
First time home buyer scores $8,000 tax credit
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There’s a nice windfall for some homebuyers in the economic stimulus bill signed into law this week by President Obama.
Who is eligible? Tax credit for First time home buyers only, no exception. Well, actually there is one exception: Buyers may not have owned a home for the past three years to qualify as “first time” [...]