first time home buyer tax credit: Tax Credit Closing Deadline now September 30th.
- 07/08/10 04:53 AM
By Amanda Okker, RE/MAX Times Online Editor U.S. homebuyers who are eligible for a Homebuyer Tax Credit now have until Sept. 30 to close the transaction and receive the credit.Congress has extended the closing deadline, which had been June 30, by an additional three months. President Barack Obama signed the legislation July 2. The action affects an estimated 180,000 homebuyers who were under contract by April 30, but because of circumstances beyond their control, had been unable to close on their purchase by June 30. Short Sale and REO transactions are holding up many of these closings. Read a Reuter's news article … (1 comments)
first time home buyer tax credit: IRS releases new forms, instructions for homebuyer tax credit
- 01/26/10 02:14 PM
IRS releases new forms, instructions for homebuyer tax credit. The IRS has released the revised Form 5405 homebuyers need for the extended and expanded tax credit. The revised form now includes guidance for repeat buyers who are eligible to claim the $6,500 tax credit as well as information for first-time buyers claiming the $8,000 credit. Find the form and read more about the homebuyer tax credit. (Referenced IAR) … (0 comments)
Tim IrelandRE/MAX All PropertiesBroker Associate Certified Distressed Property Expert C.D.P.E. (815) 215-4018 - Direct(815) 485-5690 - Fax Click here to search all homes for sale in the MLSClick here to read the Lincoln Way Real Estate BlogDistressed Home Owners click here for assistanceAbout Me … (1 comments)
By Amanda Okker, RE/MAX Times Online Editor
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