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?
- LandlordLv 71 decade agoBest 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.
- crisLv 43 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.