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  • January 19, 2009 at 11:57 AM #14863
    carlsbadworker
    Participant

    The tax cut house plan just comes out. The bill would remove the requirement that first-time home buyers repay a new credit worth up to $7,500 that they may claim on their federal tax return for buying a home between Jan. 2, 2009, and July 1, 2009.

    http://money.cnn.com/2009/01/16/news/economy/taxprovs_HouseDem/

    Too bad my house was closed on Dec 31, 2008! Where are the CA senators’ contact info? I want my bailout as well!

    January 19, 2009 at 12:06 PM #331194
    an
    Participant

    Didn’t you get the letter saying we get $7k instead? It’s $500 less than $7500 but we’re getting something for closing in 2008.

    January 19, 2009 at 12:06 PM #331534
    an
    Participant

    Didn’t you get the letter saying we get $7k instead? It’s $500 less than $7500 but we’re getting something for closing in 2008.

    January 19, 2009 at 12:06 PM #331610
    an
    Participant

    Didn’t you get the letter saying we get $7k instead? It’s $500 less than $7500 but we’re getting something for closing in 2008.

    January 19, 2009 at 12:06 PM #331637
    an
    Participant

    Didn’t you get the letter saying we get $7k instead? It’s $500 less than $7500 but we’re getting something for closing in 2008.

    January 19, 2009 at 12:06 PM #331722
    an
    Participant

    Didn’t you get the letter saying we get $7k instead? It’s $500 less than $7500 but we’re getting something for closing in 2008.

    January 19, 2009 at 12:13 PM #331204
    carlsbadworker
    Participant

    [quote=asianautica]Didn’t you get the letter saying we get $7k instead? It’s $500 less than $7500 but we’re getting something for closing in 2008.[/quote]

    What? The point is for what we are getting, we need to repay it back in 15 years. For those who closed this month, there is no need to repay the government.

    January 19, 2009 at 12:13 PM #331544
    carlsbadworker
    Participant

    [quote=asianautica]Didn’t you get the letter saying we get $7k instead? It’s $500 less than $7500 but we’re getting something for closing in 2008.[/quote]

    What? The point is for what we are getting, we need to repay it back in 15 years. For those who closed this month, there is no need to repay the government.

    January 19, 2009 at 12:13 PM #331620
    carlsbadworker
    Participant

    [quote=asianautica]Didn’t you get the letter saying we get $7k instead? It’s $500 less than $7500 but we’re getting something for closing in 2008.[/quote]

    What? The point is for what we are getting, we need to repay it back in 15 years. For those who closed this month, there is no need to repay the government.

    January 19, 2009 at 12:13 PM #331648
    carlsbadworker
    Participant

    [quote=asianautica]Didn’t you get the letter saying we get $7k instead? It’s $500 less than $7500 but we’re getting something for closing in 2008.[/quote]

    What? The point is for what we are getting, we need to repay it back in 15 years. For those who closed this month, there is no need to repay the government.

    January 19, 2009 at 12:13 PM #331732
    carlsbadworker
    Participant

    [quote=asianautica]Didn’t you get the letter saying we get $7k instead? It’s $500 less than $7500 but we’re getting something for closing in 2008.[/quote]

    What? The point is for what we are getting, we need to repay it back in 15 years. For those who closed this month, there is no need to repay the government.

    January 19, 2009 at 1:19 PM #331234
    an
    Participant

    [quote=carlsbadworker]
    What? The point is for what we are getting, we need to repay it back in 15 years. For those who closed this month, there is no need to repay the government.[/quote]
    Oh, I missed the repay part. You only have to repay if you plan to sell the house in the future, right? I’m not too familiar w/ this.

    January 19, 2009 at 1:19 PM #331574
    an
    Participant

    [quote=carlsbadworker]
    What? The point is for what we are getting, we need to repay it back in 15 years. For those who closed this month, there is no need to repay the government.[/quote]
    Oh, I missed the repay part. You only have to repay if you plan to sell the house in the future, right? I’m not too familiar w/ this.

    January 19, 2009 at 1:19 PM #331650
    an
    Participant

    [quote=carlsbadworker]
    What? The point is for what we are getting, we need to repay it back in 15 years. For those who closed this month, there is no need to repay the government.[/quote]
    Oh, I missed the repay part. You only have to repay if you plan to sell the house in the future, right? I’m not too familiar w/ this.

    January 19, 2009 at 1:19 PM #331677
    an
    Participant

    [quote=carlsbadworker]
    What? The point is for what we are getting, we need to repay it back in 15 years. For those who closed this month, there is no need to repay the government.[/quote]
    Oh, I missed the repay part. You only have to repay if you plan to sell the house in the future, right? I’m not too familiar w/ this.

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