shhhhh don’t tell the wife
[quote=tinsil;1286256]$7500 first time home buyers credit, and you have to pay it back, they take $500 of you tax returns for the next 10 year. But its interest free!
quote]
$500 X 10 years = much more than an interest free loan :banghead:
i think u meant to say $500 for the next 15 years.
$500 x 10 years = $5000
$5000 =/ $7500
YOU DO NOT HAVE TO PAY BACK THE $8000 NOT $7500, $8000 BUYERS CREDIT UNDER THE NEW STIMULUS.
How firm is your price, I may be interested.
The upper apt is sweet
maybe their both in denial since they bought places last year :banghead:
Even if they purchased last year, the new package waives their responsibility to repay the $.
They just lose out on $500, and actually I believe that they can still claim that $500 this year before april 15th.
Feel free to throw me a number or call me on my cell:
572-2850