How did you guys do?
quote:
Blindy. was listening to Cher while typing:
Wooooo 4,200 bux!!! Time to pay off some debt baby!How did you guys do?
what the fuck do i pay you for
--Satan, quoted by John Milton
--Satan, quoted by John Milton
Under capitalism, man exploits man. Under communism, it's just the opposite. - John Kenneth Galbraith
Thank god I had a real estate agent that was supposed to know about these kinds of things and get me to not miss them.
New windows going in upstairs for the house so we can actually get out if there's a fire. Maybe do the roof too.
quote:
Kaglaaz How'ler impressed everyone with:
With the first time homebuyer "credit" I'll be getting over $11k in fed. But the "credit" is just a 15 year zero interest loan that you have to start paying back $500 a year. $1000 from the state.New windows going in upstairs for the house so we can actually get out if there's a fire. Maybe do the roof too.
Actually, take a look at the stimulus bill that was just passed. I don't know what the final draft ended up being, but a couple weeks ago there were provisions stating that the first time homebuyer credit would not have to be repaid.
EDIT: Though we might be hosed, since we bought before 2009. Arttemis fucked around with this message on 02-18-2009 at 11:32 PM.
Under capitalism, man exploits man. Under communism, it's just the opposite. - John Kenneth Galbraith
quote:
Everyone wondered WTF when Karnaj wrote:
Finally finished up; we'll be getting 7000 back from the feds and paying 100 to the state. In all, about what I expected. Can't wait for that central air. Actually, I'll be happy with spring arriving.
Give me money
Under capitalism, man exploits man. Under communism, it's just the opposite. - John Kenneth Galbraith
quote:
Quoth Karnaj:
Finally finished up; we'll be getting 7000 back from the feds and paying 100 to the state. In all, about what I expected. Can't wait for that central air. Actually, I'll be happy with spring arriving.
Dude, claim more exemptions.
--Satan, quoted by John Milton
quote:
Aw, geez, I have Bloodsage all over myself!
Dude, claim more exemptions.
No, we took the $7,500 first-time homebuyer credit. Without it, we would've owed about $500 due to an RSU sale of my wife's stock options, and without that, we were on track for about a $200 federal refund or something similarly small.
Under capitalism, man exploits man. Under communism, it's just the opposite. - John Kenneth Galbraith
quote:
Channeling the spirit of Sherlock Holmes, Karnaj absently fondled Watson and proclaimed:
No, we took the $7,500 first-time homebuyer credit. Without it, we would've owed about $500 due to an RSU sale of my wife's stock options, and without that, we were on track for about a $200 federal refund or something similarly small.
Sounds smart, then. What's up with the $7000? Do you have to be truly first-timers, or is there a time period that resets your clock? Is it just this year, or more of a permanent thing?
I may be heading back CONUS in a couple of years, and that'd be a sweat deal if it was still around.
--Satan, quoted by John Milton
quote:
Aw, geez, I have Bloodsage all over myself!
Sounds smart, then. What's up with the $7000? Do you have to be truly first-timers, or is there a time period that resets your clock? Is it just this year, or more of a permanent thing?I may be heading back CONUS in a couple of years, and that'd be a sweat deal if it was still around.
Actually, the pot has been sweetened because of the recession. If you're a first-time homebuyer this year, you get an $8500 credit that you don't have to pay back. We have to pay $500 annually starting on our 2010 return...but we'll have enough mortgage interest to deduct that we really won't even miss the money. I imagine that since the recession's going to be around for a while, the incentive should remain for 2010 and maybe 2011. Right now, as I understand it, you have a truly be a first-time homebuyer, but who knows what the future will hold?
Under capitalism, man exploits man. Under communism, it's just the opposite. - John Kenneth Galbraith
