Those who have purchased homes in the last year (2008) don't qualify for the $15K tax credit. Argh!

[Writer]

BLURGHGGHHHHH!

[spotbird]

1. link please nt

[atomic-fly]

2. dang it

Can I sell my house to my self and get the credit?

[bear425]

3. actually that's not a bad idea. Quit Claim deed it.

I will have to look into that, as I purchased a home last year. bummer.

[customerserviceguy]

4. Every tax law that was ever passed

usually has a list of prohibited transactions, to avoid the self-dealing you describe. I'm sure this legislation has the same safeguards.

But, there may be nothing to prevent a criss-cross. I sell my house to you, you sell yours to me. However, last year's tax break was for first-time homebuyers only, and I haven't seen the new proposed legislation.

[Lost4words]

5. This benifits the banks and those with income, not the jobless!

consider burning forclosed homes!

[ClarkUSA]

6. This may be stripped out of the final bill by Democrats depending on how Republicans behave.

Or it may be modified. It's supposed to spur future buying of primary homes, not subsidize past purchases,
which may explain your dismay.

[Pryderi]

7. Let's sell each other our houses!!!!