2008 $7,500 First Time Homebuyer Tax Credit
If you were a first time homebuyer and bought a house between April 2008 and December 31, 2008, you were entitled to receive a $7,500 tax credit that MUST BE REPAID over a period of 15 years.
If you were a first time homebuyer bought a house on January 1, 2009 through Dec. 31, 2009 you were eligible for an $8,000 tax credit that DOES NOT HAVE TO BE REPAID.
This is NOT FAIR. We need to pressure congress to eliminate the requirement that the 2008 tax credit must be repaid. Personally, I bought my house in November. If I had waited two months, I would not have to repay. This is not fair.
Sign the petition, write your congressman or congresswoman, let's do something about this injustice!!!
Please find below a Petition as it relates to the "Tax Loan" for First Time Homebuyers from 2008. As you will see, there is a lot of concern over this. Why should the people who bought a house in the worst of the economy have to repay the $7,500 while those who purchased a home in 2009 OR 2010 get $8,000 that they DO NOT HAVE TO REPAY. This is not fair. Do something before the "recapture" comes into play. I voted for Barack Obama. Please make the "Change" become a reality.
