New $6500 Tax Credit for Current Homeowners
Murfreesboro TN based Realtor, and owner of John Jones Real Estate, John Jones explains the new additions to the recently extended First Time Homebuyers Tax Credit and the $6500 Tax Credit for current homeowners looking to purchase a new home.
For more Tuesday Morning Coffee and real estate news visit www.JohnCJones.com
Duration : 0:2:15
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March 13th, 2010 at 6:08 am
That is incorrect. …
That is incorrect. You do not have to report it as income.
March 13th, 2010 at 6:08 am
Someone told me …
Someone told me that you have to report the $6500 the following year as income. I cannot believe this is correct as it would not be a true tax credit. Do you have an answer o n this? Many thanks for the clear presentation.