Comments on: How the Home Buyer Tax Credit Works http://westbankliving.com/2009/02/16/how-the-home-buyer-tax-credit-works/ New Orleans West Bank Real Estate | Homes for sale in Algiers, Belle Chasse, Gretna, Terrytown, Harvey & more Thu, 11 Mar 2010 18:48:04 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Less Than 90 Days Left To Qualify for the First Time Home Buyers Tax Credit! : West Bank Living | New Orleans West Bank Real Estate Blog http://westbankliving.com/2009/02/16/how-the-home-buyer-tax-credit-works/comment-page-1/#comment-4358 Less Than 90 Days Left To Qualify for the First Time Home Buyers Tax Credit! : West Bank Living | New Orleans West Bank Real Estate Blog Fri, 11 Sep 2009 19:59:58 +0000 http://westbankliving.com/?p=3949#comment-4358 [...] real estate industry is rife with rumors of an extension or expansion of the First Time Home Buyer’s Tax Credit, but as of this date no changes to the program have been made.  Which means buyers are running out [...] [...] real estate industry is rife with rumors of an extension or expansion of the First Time Home Buyer’s Tax Credit, but as of this date no changes to the program have been made.  Which means buyers are running out [...]

]]> By: lisa http://westbankliving.com/2009/02/16/how-the-home-buyer-tax-credit-works/comment-page-1/#comment-4165 lisa Mon, 10 Aug 2009 12:54:55 +0000 http://westbankliving.com/?p=3949#comment-4165 Austin, you are correct. Mea culpa for my error. I would consult a tax professional to find out the ramifications for military personnel and if there are some exemptions that have not been publicized or that I'm not aware of. Austin, you are correct. Mea culpa for my error. I would consult a tax professional to find out the ramifications for military personnel and if there are some exemptions that have not been publicized or that I’m not aware of.

]]> By: Austin http://westbankliving.com/2009/02/16/how-the-home-buyer-tax-credit-works/comment-page-1/#comment-4163 Austin Mon, 10 Aug 2009 12:21:32 +0000 http://westbankliving.com/?p=3949#comment-4163 That's not at all accurate. Go to this link and read. http://www.realtor.org/wps/wcm/connect/599a64804d24c83d931ff726a9949436/government_affairs_homeb_tax_cred_qa.pdf?MOD=AJPERES&CACHEID=599a64804d24c83d931ff726a9949436 Though it does not answer the question that you asked, it does state that it must be repaid if the house is not you "primary dwelling" for 3 or more years. That’s not at all accurate. Go to this link and read.

http://www.realtor.org/wps/wcm/connect/599a64804d24c83d931ff726a9949436/government_affairs_homeb_tax_cred_qa.pdf?MOD=AJPERES&CACHEID=599a64804d24c83d931ff726a9949436

Though it does not answer the question that you asked, it does state that it must be repaid if the house is not you “primary dwelling” for 3 or more years.

]]> By: lisa http://westbankliving.com/2009/02/16/how-the-home-buyer-tax-credit-works/comment-page-1/#comment-4073 lisa Thu, 09 Jul 2009 17:52:27 +0000 http://westbankliving.com/?p=3949#comment-4073 Joe, there is no repayment requirement for the 2009 tax credit. It is a direct credit - just file the appropriate form with your 2009 tax return to prove your eligibility. Joe, there is no repayment requirement for the 2009 tax credit. It is a direct credit – just file the appropriate form with your 2009 tax return to prove your eligibility.

]]> By: Joe http://westbankliving.com/2009/02/16/how-the-home-buyer-tax-credit-works/comment-page-1/#comment-4072 Joe Thu, 09 Jul 2009 17:34:44 +0000 http://westbankliving.com/?p=3949#comment-4072 If a military member purchases a home, qualifies for the $8K credit and then gets orders to move to a new station with 36 months of the purchace; does the military member need to pay back the credit? Is there a military exclusion? If a military member purchases a home, qualifies for the $8K credit and then gets orders to move to a new station with 36 months of the purchace; does the military member need to pay back the credit? Is there a military exclusion?

]]> By: First Time Home Buyer Tax Credit: Don’t Let These Items Eat Up Your Anticipated Credit | West Bank Living http://westbankliving.com/2009/02/16/how-the-home-buyer-tax-credit-works/comment-page-1/#comment-3989 First Time Home Buyer Tax Credit: Don’t Let These Items Eat Up Your Anticipated Credit | West Bank Living Wed, 17 Jun 2009 17:24:05 +0000 http://westbankliving.com/?p=3949#comment-3989 [...] into the real estate market, determined to find their dream home before the expiration of the 2009 Homebuyer Tax Credit on November 30, [...] [...] into the real estate market, determined to find their dream home before the expiration of the 2009 Homebuyer Tax Credit on November 30, [...]

]]> By: New Price on Gretna Home for Sale - 1334 Monroe St. Gretna LA 70053 | West Bank Living http://westbankliving.com/2009/02/16/how-the-home-buyer-tax-credit-works/comment-page-1/#comment-3513 New Price on Gretna Home for Sale - 1334 Monroe St. Gretna LA 70053 | West Bank Living Wed, 25 Feb 2009 17:47:40 +0000 http://westbankliving.com/?p=3949#comment-3513 [...] of Gretna real estate is waiting for a new owner.  First time home buyers may qualify for the 2009 Homebuyer Tax Credit - but hurry, the credit won’t last forever and neither will this great house at such a [...] [...] of Gretna real estate is waiting for a new owner.  First time home buyers may qualify for the 2009 Homebuyer Tax Credit – but hurry, the credit won’t last forever and neither will this great house at such a [...]

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