Any CPA's on here today? Question about tax credit for first time homebuyer?

I am wondering about the 7500 tax credit. It seems that you qualify if you purchased a home between April 8, 2008 to July of 2009. Here is my ? If we purchased on March 17 2008, missed it by a couple of weeks obviously, is there any kind of loophole we can find? Thanks!

Any CPA's on here today? Question about tax credit for first time homebuyer?
You missed it.





To soothe the pain a bit, remember the credit is not free money, it is an interest free loan that would have to be paid back eventually.
Reply:Bad news: You missed it and there isn't anything you can do about it.





Good news: There is nothing great about the so-called "credit" because it isn't really a credit, which would reduce your taxes. This so-called credit just shifts your tax burden from the year of purchase onto future years as you pay back the credit.
Reply:CPAs are not always tax professionals. Some don't even touch a return and others should not.





But the answers you have received are correct. If you closed after the date of the law, you are out of luck. At least now you don't have to repay the credit.



Reply:There is no flexiblility on the dates.