Posted on: 21st Aug, 2009 11:36 am
My uncle and his wife co-signs for us they are not first time home buyers but my wife and i we are first time home buyers and my uncle and his wife will not be living with us. Are we still entitled to claim the $8000 tax credit?
Joseph,
Welcome to the forumandcheck these guidelines for the tax credit
You will qualify for the first timehomebuers credit.
$8000 tax Credit:
Check out my post at:
http://www.mortgagefit.com/firsttimebuyer/coborrower-eligible.html#115453
Good luck and feel free to ask
Welcome to the forumandcheck these guidelines for the tax credit
You will qualify for the first timehomebuers credit.
$8000 tax Credit:
Check out my post at:
http://www.mortgagefit.com/firsttimebuyer/coborrower-eligible.html#115453
Good luck and feel free to ask
Joseph,
Yes, since you are having the equity in home and you are first time home buyer, you will be benefiting by the tax credit if you are living there.
Yes, since you are having the equity in home and you are first time home buyer, you will be benefiting by the tax credit if you are living there.