Hypothetically…

Apr 10, 2009 09:55

…if some one were sitting in there new house thinking “Gee I sure would like to by my friend who just moved in to a tinny apartment a PS3, if only I had the money.” They might like to know about this bit of the new stimulus package.

If you buy a house between January 1, 2009, and December 1, 2009, you could receive a credit for 10% of the home's purchase price, up to $8,000. This credit does not have to be repaid as long as you own the home for at least three years.
If you bought a first home between April 9, 2008, and December 31, 2008, you are eligible for a tax credit of 10% of the home's purchase price, up to $7,500 -- but the credit must be repaid over 15 years, starting two years after you claim the credit. If you sell the home before you finish paying back the credit, the balance is due in full the year of the sale.
The 2008 and 2009 credits begin to phase out if your modified adjusted gross income is more than $75,000 (or $150,000 if you're married filing jointly). The credit disappears entirely after your income reaches $95,000 if you're single, or $170,000 if married filing jointly. You are considered a first-time home buyer if you (and your spouse, if you are married) didn't own a primary residence in the past three years. The credit does not apply to rental property and vacation homes.

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Also I seem to be missing 3 .hack games, does any one who reads this have my missing games? I am missing the last two of the first series and the second from the second series of game.
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