I think I might be the last blogger to cover the recent 8000 tax credit extension and expansion that was passed... but better late than never. $8,000 First-time Home Buyer Tax Credit Details The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year … [Read more...]
Will The $8000 Tax Credit Be Extended?
Will the$8000 tax credit for first time home buyers be extended? Yes. What the heck - with the start of the football season, I am in a betting mood and this seems like as good of a bet as any. Now, keep in mind -- it is just a prediction, because believe it or not... no one from Washington actually calls me and asks for my opinion about these kinds of things - no matter how many … [Read more...]