August 27, 2009

Deadline looms for $8,000 tax credit:home must close escrow by 11/30/09

Posted in taxes tagged , , at 9:45 pm by reggie1204

Just to clarify: All first time homebuyers, You have to close by Nov. 30, to receive the $8,000 tax credit in 2010. The tax credit statute requires buyers to FULLY CLOSE on their purchases-(not just be under contract)-no later than Nov.30 CLICK HERE TO READ ON FOR COMPLETE GUIDELINES.

July 23, 2009

Hurry 1st time homebuyers, $8K tax credit ends Dec 1,2009

Posted in taxes tagged , at 2:38 am by reggie1204

If you are thinking of buying your 1st home you may want to factor in losing out on this credit. For example, if you would normally get a $2,000 tax refund you may now get a $10,000 refund instead! SEE IRS GUIDELINES.

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