$8,000 Tax Credit Tempts Tax Cheating

posted on May 4th, 2010 filed under: Real Estate News

There have been plenty of scammers who claimed $8,000 homebuyer tax credits they did not deserve.  But when the government extended the credit beyond the original November 30, 2009 expiration, the new deadline was structured in a way that will test even the most button-down taxpayer’s scruples.

The tax credit is available for anyone who signed a contract by April 30 and closes by June 30.

Query:  Would parties signing a contract in these first couple of weeks of May be tempted to date the contract April 30, by any chance?

Maybe somewhere, but I’m sure things like that never happen in Miami.

Miami Real Estate Photos -- Biscayne Bay & Downtown

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posted by // This entry was posted on Tuesday, May 4th, 2010 at 9:23 am and is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed.

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