house buying tax credit?

whats the deal with this new tax credit? i hear you get up to $8000

in buying a house has anyone done this . i need info on this cause i want to buy a house. . how easy and can i get this credit? what do i need to know?

2 Answers

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  • 1 decade ago
    Best Answer

    As long as you have not owned in 3 years you can get the credit, it is 10% of the purchase price, up to 8k.

    You have to close by Dec 1, and the credit is part of your income tax return.

  • cris
    Lv 4
    3 years ago

    What you're offering to do is fraud And, no longer very well worth the measly $1700 you will get from the government, in case you even have been able to get it. you does not get 8k on a 17k abode.

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