$8K homebuyer tax credit and when I can sell

Profile picture for Tap012
Just wanted to confirm.I bought a house and closed escrow on it at the end of February 2009. I received the $8K homebuyer tax credit. If I sell my house and close escrow on it sometime after that, around March 2012, then I WILL NOT have to pay it back. Is that correct?
  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

January 02 - US
 Share
 RSS

Replies (3)

Profile picture for Christine McDaniel
Three years.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

January 03
Profile picture for Tap012
Right 3 years. So even if I list my house for sale now, as long as I close escrow after 3 years which is after end of Feb 2012, then I'm ok.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

January 03
Profile picture for Gary Bell
You should ask your tax accountant to be sure. The last thing you want is an unexpected tax burden for 2012.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

January 03
 
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Have a question? Ask it here.

What's this?
Close

By starting a discussion, you can expect more of an interactive, back-and-forth experience where the conversation can go in many different directions.

Or start a discussion

E-mail successfully sent!Submission failed!

Related Discussions
Profile picture for Melody Matthews
DiscussionYou can now post to Craigslist from Zillow
  • Last reply by Melody Matthews
  • 21 hours ago
Profile picture for Carole Tyne
DiscussionListing on Zillow through Postlets--FOR FREE!!!!!
  • Last reply by Carole Tyne
  • May 14
Profile picture for Mrs Deals
DiscussionWhy is my Postlet not on Zillow?
  • Last reply by Mrs Deals
  • May 01
DiscussionScams & Fraud
  • Last reply by Lawrie Lawrence
  • March 07
DiscussionBeware of Fraud!
  • Last reply by Kristin Acker
  • June 14 2010
Related Articles
GuideTry Selling FSBO for FREE before Paying
GuideTips for Seller Negotiations
GuideComparative Market Analysis (CMA)
GuideClosing on a House for the Seller
GuideYour Home Appraisal Whats the Big Deal?
Be A Good Neighbor

Zillow® Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy