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Update on First Time Homebuyer Credit and Tax Refunds

March 26, 2011  |  by John Heithaus

RIS Media has provided a great update: The IRS recently released information on processing issues that are impacting a small percentage of tax returns involving repayment of the First Time Homebuyer Credit (FTHB), primarily involving 2008 home purchases.

As many of you likely have clients impacted by this, we thought the information would be of value. Real Estate in Real Time also means bringing you real estate news, developments and trends in real time as well.

Please share your suggestions on how we can improve in this initiative as well. Thanks!

 

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