xpost from LIF...attn those who have (or are planning to) buy a house between april 08 & july 09

TommysWife08 Posted: Oct 31, 2008 08:44 AM

xpost from LIF...attn those who have (or are planning to) buy a house between april 08 & july 09

click meeeeeeee

teenigrrl Posted: Oct 31, 2008 08:53 AM

Re: xpost from LIF...attn those who have (or are planning to) buy a house between april 08 & july 09

what does the link talk about? i can't access LIF at work.

TommysWife08 Posted: Oct 31, 2008 08:55 AM

Re: xpost from LIF...attn those who have (or are planning to) buy a house between april 08 & july 09

Posted by teenigrrl

what does the link talk about? i can't access LIF at work.

if you purchased a house between April 15th, 08 and july 9th 09 (dont quote me on the actual days in the month... but its def april 08 & july 09) than you are eligible to recieve $7500 from the federal gov't. here is the catch:

it must be paid back over the course of 15 years... $500 a year - they will take it out of your tax return... so if you were supossed to get back lets say $1500, you will only get back $1000. we spoke to our accountant last night who says its totally legit & he reccommends us doing it!

here is the link for more info: http://www.federalhousingtaxcredit.com/faq.php