ST Alpha - "as WaPo's money guru Michelle Singletary says, don't think of it as a tax credit but as a 15-year loan from the IRS -- (link)" (Reading a Post)

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In response to "opinions requested: the irs wants to give me a $7,500 tax credit because I bought a new house last year. it looks like I will have to pay it back in " by dogbert183

as WaPo's money guru Michelle Singletary says, don't think of it as a tax credit but as a 15-year loan from the IRS -- (link)

Posted by pigby (aka chris) Feb 10 '09, 21:17

(No message)

click here to nuke dogbert's house (www.washingtonpost.com)

Responses:

and whether you even need it in the first place -- (link) - pigby Feb 10, 21:19 3
- I'm guessing it's at a lower interest rate than his mortgage. -- nm - psilotum Feb 10, 21:24 2
  - extra debt at zero percent is still extra debt -- nm - pigby Feb 10, 21:26 1
    - excellent articles, thanks. I'll sleep on it a couple days, but knowing that it's intrest free over 15 years now it's got me interested (reason inside - dogbert183 Feb 10, 21:35

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