Everybody has been so excited about cashing in on the $8000 First Time Home Owner tax credit, evidently even if they were not first time buyers! The IRS is investigating over 100,000 returns that claimed the credit, and have already found 167 schemes. The rules are already pretty lax, you only can't have owned property in the last 3 years in order to qualify, but people are greedy. It always pays to be honest on your taxes! http://www.realtor.org/RMODaily.nsf/pages/News2009102002?OpenDocument
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