So I get a nice letter from the IRS today and goes like this
"Your First-Time Homebuyers Credit, which you received for a home purchased in 2008, is like an interest-free loan that you'll repay over the next 15 years. You'll make your first payment in 2011."
What the hell, if I would of known that it was a loan I would not of taken it, thanks for the heads up. I guess when the Govt gives ya a credit read the fine print, if there was any. The funny part is that I didn't even get the money, the Govt kept it for repayment of student loans, so now what, I get to pay a loan back that I never got.