first time

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Icon Mini Profile mightymai7




Joined: 26 Oct 2009

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PostPosted: Mon Oct 26, 2009 11:45 am    Post subject: first time

I am a first time ho me buyer, but I just got married a couple months ago. My husband is not a first time home buyer. I am buying this home on my own. My name is on everything. Do i qualify for the 8000?
Icon Mini Profile JKennedySLG
JKennedySLG
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Joined: 01 Apr 2009

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PostPosted: Mon Oct 26, 2009 12:15 pm    Post subject:

Yes, you would qualify if you are buying the home by yourself. I hope this helps...
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Icon Mini Profile jveenstra
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PostPosted: Mon Oct 26, 2009 12:43 pm    Post subject: First Time Buyer

You better check with an accountant.

Taxpayers (including spouse, if married) who owned a principal residence in the prior 3 years, are NOT eligible.

The way it reads, it does not matter if your husband is buying or not. It reads taxpayers, not buyers. That means if you are married to a taxpayer who owned a primary residence in the last three years, you are ot eligible.

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Icon Mini Profile gmakerley
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PostPosted: Mon Oct 26, 2009 7:04 pm    Post subject:

if you have any qualms about taking the contrary advice seen here, then your best bet is to speak with your tax advisor or go directly to the irs (irs.gov is their website).

there's too much confusion about this issue to get it wrong, so please take your queries directly to the experts.

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George M. Akerley
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