More than just real estate

Homebuyer Tax Credit Questions and Answers, pt. 2

Continuing our question and answer session about the recently extended and expanded homebuyers’ tax credit, Judy Hearst, Regional Vice President for Coldwell Banker Residential Brokerage’s Southeast Wisconsin Region, lends her expertise to MetroMilwaukeeLiving.com to help clear up some questions regarding the credit.

 

Question: I was a homeowner for 10 years, but sold my home two years ago and have been renting ever since. If I were to purchase a home before the cutoff date next year, would I be eligible for the $6,500 existing homeowners’ tax credit if I meet all the other requirements? (more…)


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