| Title: | The Digital way of working |
| Moderator: | QUARK::LIONEL ON |
| Created: | Fri Feb 14 1986 |
| Last Modified: | Fri Jun 06 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 5321 |
| Total number of notes: | 139771 |
If you have bought a house for last 3 years and Seller paid points
or if you bought one of Digital own home 3 years ago then read on:
On March 28, 1994, the IRS announced that it will now allow home
buyers to deduct mortgage point paid by the seller on behalf of
the buyer.
I know a friend who bought one of Digital homes (Digital was offering
buy down points) 3 year ago. He has amend his 1991 taxed and getting
close to $2,000 back.
Pass these to your friends and call me for more detail.
Good luck
| T.R | Title | User | Personal Name | Date | Lines |
|---|---|---|---|---|---|
| 3368.1 | the IRS lost one!! | NCMAIL::KINNEYD | All Mach, No Vector | Tue Sep 13 1994 17:22 | 7 |
This is true, this was an case where the IRS backed down or lost, from
what I understand, and they believe that it effects a small percentage of
people. The amended return for 1991 would have to be sent prior to
4/15/95. If the seller paid points, for any reason, you may have a
claim.
dave.
| |||||