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With the First-Time Home Buyer Tax Credit deadline quickly approaching, the Internal Revenue Service recently reminded potential home buyers they must complete their first-time home purchases before Dec. 1, 2009 to qualify for the special first-time home buyer credit. The American Recovery and Reinvestment Act extended the tax credit, which has ...
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Part of the current stimulus bill that is about to be signed by President Obama includes an $8,000 housing tax credit. There are a many misconceptions about the tax credit that need to be clarified. This is what we know for sure about the bill in its present form. Let's start with the good parts:the credit is not limited to first time ...