Kevin McCoy, CPA

The $8,000, first-time homebuyer tax credit expires November 30, 2009.

Given that it usually takes a month or so to close on a home, there is only short window left to take advantage of this fabulous incentive.  If you’re a renter, check out this rent vs. buy comparison to see if it might make sense to buy your first home now.

I would expect a flood of business for real estate agents, mortgage companies, title companies, for the month of November leading up to the deadline.