Comments on: First Time Home Buyer Tax Credit

By: Seeda

Seeda — Tue, 02 Mar 2010 01:55:28 +0000

I’m a little tired of people who “just missed” the tax credit moaning and complaining. The information for the tax credits have been on-line and you could have called the IRS to ask someone about them. I researched the tax credit on my own and talked to my mortgage and real estate agent about it. Also you shouldn’t buy a home just to get a tax credit. You’re buying a home because you needed or wanted one. Also tired of people trying to find a way around the stipulations set by the IRS. This is why it’s now taking months to get the returns back because of people doing shady things.

By: Heather

Heather — Wed, 02 Dec 2009 06:21:59 +0000

I think the tax credit is completely inane. While shopping for a home with the $8000 credit in mind, never once did anyone mention an income limit. Now as of November 6, 2009… the income limit for the credit has been raised, making my Fiance and myself both eligible, but the new stipulation is that the home has to be purchased AFTER November 6, 2009, making up disqualified once again… being as we closed on September 1, 2009. How is it anywhere close to being fair when there are multiple time frames with different sets of rules, I think they will just keep changing the qualifications around to keep anyone from actually getting it!!!

By: Tax Deductions - Last Minute Tax Saving Tips | Money Smart Life

Tax Deductions - Last Minute Tax Saving Tips | Money Smart Life — Sat, 11 Apr 2009 16:09:10 +0000

[...] First Time Home Buyer Tax Credit [...]

By: Philip

Philip — Mon, 06 Apr 2009 19:53:20 +0000

Would this $8,000. tax credit be applicable to a person who purchases a boat, that has never owned a home?

By: Todd

Todd — Sun, 29 Mar 2009 22:01:19 +0000

My question is the same as Tamara? Why April 8? We closed on 2/14/08. January 1, 2008 seems like a more logical date. But, of course, stupid me for applying logic to anything Congress does.

By: tamara

tamara — Thu, 26 Mar 2009 12:23:36 +0000

I have a question about this first time home buyer credit. I bought my house January 17th 2008 and don’t qualify for this credit. What was the point of starting the credit in April rather than January?

By: Carnival of Personal Finance #197 | American Consumer News

Carnival of Personal Finance #197 | American Consumer News — Tue, 24 Mar 2009 13:38:37 +0000

[...] Money Smart Life goes over the first time home buyers tax credit. [...]

By: » Personal Finance Links: Levity edition

» Personal Finance Links: Levity edition — Mon, 23 Mar 2009 17:08:38 +0000

[...] Money Smart Life writes first time home buyer tax credit. [...]

By: Learn The Basics of Investing - Edition #197 of Carnival of Personal Finance

Learn The Basics of Investing - Edition #197 of Carnival of Personal Finance — Mon, 23 Mar 2009 02:18:04 +0000

[...] Money Smart Life goes over the first time home buyers tax credit. [...]

By: Alternative Minimum Tax and Federal Income Tax Withholding Changes | Money Smart Life

Fri, 20 Mar 2009 12:27:36 +0000

[...] all the tax code changes? That’s a question a reader emailed in after reading about the First Time Home Buyer Credit and other tax deduction changes we covered the last two [...]