Tag Archives: Investing

How to Use the Tax Credit to Invest, Buy a Home for Your Kids, or Downsize

With all the work we’ve done putting together what we think is the most comprehensive analysis of the Home Buyer Tax Credit in the country – with our Overview, FAQ, Scenarios, At-A-Glance, and Eligibility Test – we came across a few creative uses of the tax credit that you might not think about.

Do you know, for example, how to use the Home Buyer Tax Credit to get started in real estate investing?  Or to help your kids buy their first home? Or how an empty nester couple could use the tax credit to downsize to a smaller home?

Obviously, you should check with your accountant before making any moves, but if you’re curious about some of these applications, read on. Continue reading