First-time home buyers now have until September 2010 to close on their home purchases and qualify for the $8000/$6500 tax credit
Posted in First Time Home Buyers on Aug 25th, 2010
Pelican Real Estate
Besides filling out Form 5405, First-Time Homebuyer Credit and Repayment of the Credit, all eligible home buyers must also include with their tax return one of the following documents:
* A copy of the settlement statement showing all parties’ names and signatures if required by local law, property address, sales price, and date of purchase. Normally, this is the properly executed Form HUD-1, Settlement Statement.
* For mobile home purchasers who are unable to get a settlement statement, a copy of the executed retail sales contract showing all parties’
