Comments on: Last Minute Tax Options for Homebuyers http://blownmortgage.com/2009/04/02/last-minute-tax-options-for-homebuyers/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Fri, 20 Nov 2009 00:20:49 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: Robert http://blownmortgage.com/2009/04/02/last-minute-tax-options-for-homebuyers/comment-page-1/#comment-49251 Robert Sat, 11 Apr 2009 12:01:58 +0000 http://blownmortgage.com/?p=2852#comment-49251 Help! I am wondering about this also.<br>A couple other questions I have:<br>If I close on a house end of April and plannning on doing an extension so I can claim the first-time homebuyer's credit on my 2008 tax return. ISSUE is this - I owe federal taxes not counting the homebuyer's credit but I won't after you factor in the credit. So to avoid paying interest on the money I owe, if I file an extension do I need to pay what I owe or should I factor in the homebuyer's credit and call it good? Help! I am wondering about this also.
A couple other questions I have:
If I close on a house end of April and plannning on doing an extension so I can claim the first-time homebuyer's credit on my 2008 tax return. ISSUE is this – I owe federal taxes not counting the homebuyer's credit but I won't after you factor in the credit. So to avoid paying interest on the money I owe, if I file an extension do I need to pay what I owe or should I factor in the homebuyer's credit and call it good?

]]> By: kathryn http://blownmortgage.com/2009/04/02/last-minute-tax-options-for-homebuyers/comment-page-1/#comment-41423 kathryn Fri, 03 Apr 2009 17:24:42 +0000 http://blownmortgage.com/?p=2852#comment-41423 Great overview of this important home buyer's tax issue. I love that you not only covered the possibilities of getting the tax benefits but also pointed out the importance of properly using the tax benefits once they're received. Great stuff! Great overview of this important home buyer's tax issue. I love that you not only covered the possibilities of getting the tax benefits but also pointed out the importance of properly using the tax benefits once they're received. Great stuff!

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