Second Home Buyers tax Credit

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TheBard Aurora, IL posts: 394

posted on November 06, 2009 at 08:42AM Inappropriate? Quote Reply

Along with the unemployment insurance extension the Congress has passed (and the President is set to sign) an extension of the first-time homebuyers ($8,500) tax credit and expanded the program by giving homeowners looking to purchase a new home-who have been in their current home at least five years-a $6,500 tax credit. Good idea, bad idea? It works for me since my wife and I are looking for a new (larger) home.

replies: 2 latest post: November 06, 2009 at 11:27AM by MRSverret

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bkovacs
Annandale, VA
posts: 706

posted on November 06, 2009 at 09:05AM

It works for me, too. I've been thinking that this is a good time to buy property and an incentive like this definitely helps.

--Bob

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MRSverret
Way down south, LA
posts: 974

posted on November 06, 2009 at 11:27AM

I am SO happy about this!! We are about to put in an offer on a house and this will help us out tremendously =)

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