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Posted on 2/10/09 at 10:14 am to Ziggy
quote:
Not if they do the $15K thing as a non-refundable.
the 15000 one is going to be tricky...
and it's a little difficult to explain.
Posted on 2/10/09 at 10:14 am to TheDoc
I wish I could see the exact bill a day or two before Obama signs it so I know whether or not to hurry up and do my taxes or wait.
Posted on 2/10/09 at 10:14 am to poboydressedplease
forget that I think...
the senate and the house are fricked up.
quote:
Both the Senate and the House versions of the new act remove the requirement that buyers repay the credit. The Senate bill applies retroactively to any purchase completed between January 1, 2009 and the end of August. The House version is also retroactive to the start of the year, and expires at the end of June. As long as buyers don't sell for at least 36 months, they keep the money.
the senate and the house are fricked up.
Posted on 2/10/09 at 10:14 am to poboydressedplease
quote:
the senate and the house are fricked up.
Posted on 2/10/09 at 10:15 am to poboydressedplease
quote:
Both the Senate and the House versions of the new act remove the requirement that buyers repay the credit. The Senate bill applies retroactively to any purchase completed between January 1, 2009 and the end of August. The House version is also retroactive to the start of the year, and expires at the end of June. As long as buyers don't sell for at least 36 months, they keep the money.
that's what I saw too.
just can't sell your house for three years at least.
Posted on 2/10/09 at 10:16 am to TheDoc
Refunds were held up a week this year because retarded people were confused on saying whether or not they got a stimulus last year. Imagine the cluster frick of this crap!
Posted on 2/10/09 at 10:16 am to poboydressedplease
quote:
The Senate bill applies retroactively to any purchase completed between January 1, 2009 and the end of August. The House version is also retroactive to the start of the year, and expires at the end of June.
fricking right...
that 7500 not having to repay is going to help me out.
Posted on 2/10/09 at 10:17 am to TheDoc
But as you can see in that quote, 2008 is not affected
Posted on 2/10/09 at 10:17 am to poboydressedplease
quote:
Both the Senate and the House versions of the new act remove the requirement that buyers repay the credit. The Senate bill applies retroactively to any purchase completed between January 1, 2009 and the end of August. The House version is also retroactive to the start of the year, and expires at the end of June. As long as buyers don't sell for at least 36 months, they keep the money.
frick I'm confused.
So does this mean I can still claim the $7500 credit after Obama signs this new bill, since above it says end of June/August?
Posted on 2/10/09 at 10:17 am to poboydressedplease
quote:
Refunds were held up a week this year because retarded people were confused on saying whether or not they got a stimulus last year. Imagine the cluster frick of this crap!
oh, it's going to be a CLUSTERfrick
but that's what happens when government gets involved.
Posted on 2/10/09 at 10:17 am to TheDoc
quote:
that's what I saw too.
just can't sell your house for three years at least.
08 ers are fricked thats fricked up.
Posted on 2/10/09 at 10:18 am to Croacka
quote:
But as you can see in that quote, 2008 is not affected
2008 homebuyers that got the 7500 will have to pay it back.
2009 homebuyers will not.
that's what youre reading too huh?
Posted on 2/10/09 at 10:18 am to Ziggy
That quote was just on NOT PAYING it back.
Posted on 2/10/09 at 10:18 am to poboydressedplease
quote:
08 ers are fricked thats fricked up
pretty much.
glad I closed in 2009
Posted on 2/10/09 at 10:18 am to Ziggy
quote:
So does this mean I can still claim the $7500 credit after Obama signs this new bill, since above it says end of June/August?
No, if its enacted, the old one is history. The June/August dates refer to the new credit.
Posted on 2/10/09 at 10:19 am to poboydressedplease
quote:
That quote was just on NOT PAYING it back.
But if this new bill supercedes everything else, why have a June/August 'timeline' if ends as soon as he signs something?
That makes no sense.
Posted on 2/10/09 at 10:20 am to Ziggy
quote:
So does this mean I can still claim the $7500 credit after Obama signs this new bill, since above it says end of June/August?
i'm not a CPA or anything, but the safe bet might be to file taxes now.
just my opinion.
take it with a VERY small grain of salt.
Posted on 2/10/09 at 10:21 am to Croacka
quote:
No, if its enacted, the old one is history. The June/August dates refer to the new credit.
that's what i'm reading too.
the 7500 one goes away and the 15000 one kicks in based upon the taxes you pay or don't pay.
Posted on 2/10/09 at 10:21 am to TheDoc
yet.... for a whole 5 seconds ONLY those that bought homes in three months in 08 could get it then all of a sudden everyone in 09. they are idiots but give me da money while they are giving it away!
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