Doing the Happy Dance.

I just talked to a surprisingly friendly IRS representative and Karen and I DO QUALIFY for the First time home buyer tax credit! That's right, we were fortunate enough to wait just long enough to get in on the $7500 incentive for purchasing a home. This credit, unlike the previous credit does not have to be repaid.



This has been a nerve racking part of buying a house. First we were going to get it, then we weren't. Then we put an offer on a house in November. Someone was willing to pay just a few hundred more than we were. We really wanted that house too. Fortunately it didn't go that way and we ended up at our current home.



The part that I don't get is how so many websites have so many different bits of information on the topic. The most confusing part is that http://www.irs.gov/ has the wrong information. That's right folks, the IRS has the incorrect information up. I was so happy to hear the news that I forgot to tell the woman on the phone. If you know me at all, you know that I am a big proponent of letting people know when their information is wrong. It's not that the IRS is doing it on purpose, chances are the guy or gal in the IT department is just behind the times.

In the end however, I am excited to get the dollars because as predicted things are costing a lot more than anticipated. People warned me.....and they were right. Take what you thought remodeling your house was going to cost and double it. I was hesitant to believe them, but they were right.

So a special thank you to the stimulus bill for my First time home buyer tax credit. You may not like the stimulus or the president, but I'm doing exactly what it was made to do. I'm putting the money right back into the economy and getting the money moving again.

Until next time. This is life as I know it.