Can I still get money back if I purchase a home? I heard that it expired last year?
Marlin
Marlin, the homebuyer credit has been extended and improved. Now it is not just for first time homebuyers. In short, according to the current rules you have to have a binding contract by April 30, 2010 and the closing must take place by June 30, 2010. There are a lot of specifics. Check out my posting on our website in the General Tax Information section or click on Homebuyer's Credit From IRS.
Larry Kopsa CPA
