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bought my house in 2008.got tax credit of $7500 payable ...

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bought my house in 2008.got tax credit of $7500 payable for 15 years.can i avail the new tax credit

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November 03 - Clifton

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LindseySells07470
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LindseySells07470

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agentoso-

It sounds like you closed on title for your home while the $7,500 tax credit was in effect. This credit will be ammoritized over 15 years and it will be paid back. If you closed after the new $8,000 Tax Credit was institued you may qualify as long as you did not take advantage of the inital credit and have not made an ammedment to your tax return from 2007. Check with your accountant...good luck

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Angela Hardy, "AngelaHardy"
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Angela Hardy, "AngelaHardy"

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Sorry- limit of one offer per customer.

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November 03

Michael Emery, "MikeEmery"
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Michael Emery, "MikeEmery"

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No the IRS has clearly stated that if you took advantage of the earlier tax credit program that you are ineligible to either use the current program or 'trade up' to the current program.

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November 03

Pasadenan
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Pasadenan

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You are on "let's make a deal". You took "door # 1". It is too late for you to change your mind to get "what's behind curtain #3".

That is the nature of government political games.

As the song goes...
"You've got to know when to hold,
know when to fold,
Know when to walk away,
know when to run...

That is the nature of government bribes and "rebates"...

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BMFPitt
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BMFPitt

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No, you have to pays yours back.

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November 03

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Question bought my house in 2008.got tax credit of $7500 payable for 15 years.can i avail the new tax credit

Question How do I find if I buy the property which elementary school my kids go?

Question is true police officers get half price homes if its a HUD property

Question How do i view homes in only 1 town?

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