In Jack’s September 2009 Newsletter he writes the following on page 3:
“A new provision of the law allows home sellers who sell to qualifying first time home buyers to also get the tax credit if they buy a replacement home within the time limits. This is expected to bring 160,000 additional buyers into the housing market.”
I’ve been unable to confirm this with any official references.
Can anybody provide a link or insight?
Specifically, I’m selling a rental property to a first time home buyer. I can find a replacement property. I want the $8k credit! How do I get it?