Financing in Arlington>Question Details

Marsha Schen…,  in Muscatine, IA

client bought house in 2008. He is selling without profit. Is $6,000 left from $8,000 going to have to be paid or what happens?

Asked by Marsha Schenkel, Muscatine, IA Fri Dec 28, 2012

Help the community by answering this question:

Answers

3
Are you talking about the Tax credit? I am not sure what you are asking could you clarify?
0 votes Thank Flag Link Fri Dec 28, 2012
That $8000 was a TAX PROGRAM:
What he should do is go down to IRS office and talk to them;
I have found them very understanding and co-operative.
It will come out eventually, might as well meet it head-on.
0 votes Thank Flag Link Fri Dec 28, 2012
Did the client buy the house for investment purposes or as his personal residence?
0 votes Thank Flag Link Fri Dec 28, 2012
It has been his personal residence
Flag Fri Dec 28, 2012
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer