west hartford ct real estate agent: Home Buyer Tax Credit Misconceptions - Check out this versatility!
- 02/10/10 02:02 PM
Many people have not looked at the generous details of the repeat home buyer tax credit! (Please remember that this information is general advice; consult your tax professional or the IRS for the most definitive interpretations of this benefit!) Myth 1: A repeat buyer must buy a more expensive home or "move up" to claim the $6,500 credit... TRUTH: The repeat buyer must have owned and lived in their home for at least 5 consecutive years of the last 8 years prior to the purchase date of the new property. Repeat buyers may purchase any home to be their new primary … (0 comments)
Many people have not looked at the generous details of the repeat home buyer tax credit! (Please remember that this information is general advice; consult your tax professional or the IRS for the most definitive interpretations of this benefit!);)
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