IRS offers guidance on new $6,500 tax credit for repeat home buyers
By: Kenneth R. Harney Real Estate Views: 9622 | Comments: 0 | Votes: 0

If you've been holding back on getting involved with the new $6,500 federal tax credit for repeat home purchases, there's no more excuse for inaction. You now have all the official IRS guidance you'll need to buy a house, qualify for the credit and pocket the $6,500. 6. On Jan. The credit is for up to 10 percent of the price of the replacement home, capped at $6,500. Get moving. More