Comments on: How the Home Buyer Tax Credit Works http://westbankliving.com/blog/how-the-home-buyer-tax-credit-works/ New Orleans West Bank | Life, Fun and Real Estate on the West Bank Mon, 30 Jan 2012 23:17:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: First Time Home Buyer Tax Credit Rules Are Different for Military Personnel : West Bank Living | New Orleans West Bank Real Estate Blog http://westbankliving.com/blog/how-the-home-buyer-tax-credit-works/#comment-1320 First Time Home Buyer Tax Credit Rules Are Different for Military Personnel : West Bank Living | New Orleans West Bank Real Estate Blog Wed, 21 Apr 2010 15:19:30 +0000 http://westbankliving.com/?p=3949#comment-1320 [...] stick without hitting a REALTOR who is waving a sign and screaming about the end of the world first time home buyer’s tax credit on April 30th.  Overlooked in their zeal to rope in as many buyers as possible is the fact [...] [...] stick without hitting a REALTOR who is waving a sign and screaming about the end of the world first time home buyer’s tax credit on April 30th.  Overlooked in their zeal to rope in as many buyers as possible is the fact [...]

]]> 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/blog/how-the-home-buyer-tax-credit-works/#comment-1319 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-1319 [...] 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/blog/how-the-home-buyer-tax-credit-works/#comment-1318 lisa Mon, 10 Aug 2009 12:54:55 +0000 http://westbankliving.com/?p=3949#comment-1318 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/blog/how-the-home-buyer-tax-credit-works/#comment-1317 Austin Mon, 10 Aug 2009 12:21:32 +0000 http://westbankliving.com/?p=3949#comment-1317 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/blog/how-the-home-buyer-tax-credit-works/#comment-1316 lisa Thu, 09 Jul 2009 17:52:27 +0000 http://westbankliving.com/?p=3949#comment-1316 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/blog/how-the-home-buyer-tax-credit-works/#comment-1315 Joe Thu, 09 Jul 2009 17:34:44 +0000 http://westbankliving.com/?p=3949#comment-1315 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/blog/how-the-home-buyer-tax-credit-works/#comment-1314 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-1314 [...] 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, [...]

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