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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Sr K who wrote (93884)2/6/2009 1:53:39 PM
From: ajtj99  Read Replies (3) of 116555
 
Unless you buy and sell by owner, the transaction costs including the real estat broker and fees could come close to the tax credit. Furthermore, if there's a new mortgage involved, the fees on that would likely make the entire process match or exceed the tax credit.

Unless two neighbors own their houses outright and transact themselves, this would not really work.
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