Home Tax Credit Extension 2010
August 11th, 2010
Question: Question about $ 8000 tax credit in home buying in 2009 and 2010?
My wife and I purchased a home in 2009 and will claim the tax credit when file the tax return.
Now we are considering buying another one as an investment this year.
How does it work with the $ 8000 tax credit? Is it a one-time deal? I’ve heard about the extension into June 2010 but not quite sure if the credit only applied toward the first one OR can be applied to both ones . THANKS.Answer: Only the first one. It is for first time home buyers.
Greater Hartford Home Sales Plunge in July, But Prices Still Rise
Watchers of the Greater Hartford housing market were expecting a drop in the number of sales of single-family houses in July now that the homebuyer tax credit has ended, but perhaps not to nearly 50-percent slide that was reported Monday.
First Time Home Buyer Tax Credit Extension Update
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