News Sources wrote an interesting post today on
Here’s a quick excerpt
If by success, you mean that a lot of people took advantage of it… The IRS has reported that 1.4 million taxpayers have claimed the first-time homebuyers credit. The credit is available to taxpayers who have not owned another principal residence at any time during the three years prior to the date of purchase of a new home. Other restrictions and income limitations apply. The credit is fully refundable, which means that to the extent that the credit exceeds a taxpayer’s tax bill, they’ll re

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