tax credit: QUESTION/HELP: Tax Credit Max $800,000? How to calculate that #
- 02/13/10 03:34 AM
Ok, I got a tricky question about the new home buyer tax credit. I was always told the tax credit was based on a contract price of $800,000. However some accountant seems to think the $800,000 has to be AFTER all costs. How can that be? Even including taxes? That means a home has to sell for under $765,000. How can that be right?
Where can I get clarification and proof? Frank
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Related Links:
FRANK LL0SA Esq.- Northern Virginia Broker .:. FranklyRealty.com
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