jd3bama

Homebuyer Tax Credit: Not a Done Deal

don't: "it means free handouts to fix fraud that was and is happening in the real estate industry causing all this mess we are in."

Using the tax credit isn't fraud and I have seen first hand how it is used. I'm a real estate agent and we get paid for selling real estate, same as you get paid for your time at work, regardless of your job description. I just sold a foreclosed house to a young couple who are using it for renovations. Two agents were paid, a banker, a home inspector, an appraiser and a closing attorney. How can that NOT justify stimulus?

Homebuyer Tax Credit: Not a Done Deal

I have owned my home for 6 years, but I buy rental houses. Can this credit be used for investment homes?