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eaudino · Joined: 23 Feb 2010 Posts: 1 1.31 Dollars($)

My husband and I have never actaully owned a home. We lived in a house for 3 years that was owned by my in-laws, so they let us claim the mortgage interest and taxes on our taxes since we paid all the mortgage payments, taxes and insurance. Will we still qualify for the $8000 first time home buyers credit? Please help! Thanks!

Niicss · Posted: Wed Feb 24, 2010 3:12 am Post subject:

If you did not own a property in your name for the last 3 years, then you would be considered as a first time homebuyer. Thus, you would be able to get the tax credit of $8000. However, it's quite surprising to me that you were able to claim the mortgage interest while paying taxes when your name was not on the mortgage docs.

tfaulhaber1 · Posted: Wed Feb 24, 2010 5:36 am Post subject:

Yes, being that you don't own the home and haven't owned a home in 3 years. You're eligible for the tax credit.

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Do I qualify for the $8000 first time home buyers credit