Friday, July 17, 2009

First Time Home Buyer Tax Credit;Married, Singles “How To Claim”

Who says Twitter is a waste of time? Note the tweet received from taxrascal. “@hankbailey if not married, you can assign the first-time homebuyer credit as applicable to each co-buyer.” This from Author Kay Bell. Kay goes on to Tweet, “see pg 2 (bottom right) of Form 5405 & instructions. Unmarried A & B buy 1st home; e.g. A claims $5,000 credit, B claims $3,000.” Also check out IRS credit claiming scenarios.images

If you are a buyer in our market, these are probably the best buying conditions in 30 years! If you would like to search the Athens MLS please take a look at listings in our “Classic City” today! On this web MLS search solution you can search every listing on the Georgia MLS for the Greater Athens area or in your Georgia town!


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