Home Buyer Tax Credit 2009: It passed the house and the senate and Obama has signed it into law. The IRS site is updated except for the latest version of tax form to accommodate the newest change to the housing credit.
The basics of the home buyer credit in this version? In a nutshell, you can make more money to qualify, you have longer to find the qualifying home and even longer to close after that, and you don't have to be a first time home buyer to qualify for the reduced credit of $6500.
The ceilings and deadlines have SERIOUSLY been moved with this version so please do read the details here:
http://cooperjacobs.com/blog/2009/11/07/the-new-new-tax-credit/
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