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Do you think the government should extend the homebuyer tax credit?
Wed Oct 28, 2009
This credit is not free money...its a loan!!!! Please consider repayment when taking this credit. If you sell your home, get divorced or transfer title, you are liable to repay the lump sump owed to the IRS. If you must sell quickly you could have repayment on top of a capital gains tax.
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Do you think the government should extend the homebuyer tax credit?