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kathyczarnec · Joined: 04 Feb 2011 Posts: 1 1.32 Dollars($)

I sold my home that I had lived in for 13 years March of 2010 and my new husband and I purchased a home in April of 2010. My husband is a first time home buyer. Do we qualify for 1st or 2nd time homebuyers?

adonis · Posted: Sun Feb 06, 2011 10:59 pm Post subject:

Hi kathyczarnec,

Your husband may not be considered as first time home buyer as he is purchasing the property with you. You're not a first time home buyer as you had previously owned a property of your own.

gmakerley · Posted: Wed Feb 16, 2011 11:09 am Post subject:

Kathy, you would be wise to contact the IRS directly or to speak to a tax advisor. If you sold your primary home in 2010 and purchased a new primary home in 2010, you may, indeed, be qualified for a tax credit. I agree with Adonis in that your husband wouldn't be able to qualify for the first-time homebuyer credit, but it's worth investigating what's available to you as an owner making a new purchase during the year.

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