Tax Break for First Time Home Buyers?

Credit and mortgage advice Forums Buying Your Home Buying Your Home Tax Break for First Time Home Buyers?

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 7 years ago.



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    Anonymous

    Does this make sense to you or is this more government stupidity?
    The new housing bill has a $ 7500 tax break for first time buyers from April 08.
    Ok….if a first time buyer bought a home in March and now a first time buyer buys the house across the street, buyer #2 gets a $ 7500 tax break and buyer #1 gets a $ 7500 screwing.

    Does this not give buyer #1 even more incentive to walk away than he may already have?



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