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    First time homeowner credit

    Mrs owned a condo. Husband has never owned property. Recently married and want to know if he can get half the credit for 1st time home buyer.

    #2
    No. No. No.

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      #3
      Originally posted by Gary View Post
      Mrs owned a condo. Husband has never owned property. Recently married and want to know if he can get half the credit for 1st time home buyer.
      No, not if the condo Mrs. owned was her primary residence. If so, he's disqualified from FTHB status.

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        #4
        Originally posted by Gary View Post
        Mrs owned a condo. Husband has never owned property. Recently married and want to know if he can get half the credit for 1st time home buyer.
        Should have stayed single for a little while longer.

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          #5
          or, she should have sold the condo three years ago

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            #6
            Homeowner Credit...?

            so - Did the 15K make it? I saw article in NY Times says yes..
            but I need reading and still find 8k information...

            I'm soooo confused.......

            Yes, I looked at the CCH document... I have it on the laptop... I think I've mesmerized it.
            Matthew Jones
            Tax Preparation
            Computer Consultant


            Tax Season is here!
            Make sure everything is working, extra ink or toner is available, Advil in top drawer!

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              #7
              Originally posted by MAJ View Post
              so - Did the 15K make it? I saw article in NY Times says yes..
              but I need reading and still find 8k information...

              I'm soooo confused.......

              Yes, I looked at the CCH document... I have it on the laptop... I think I've mesmerized it.
              8K refundable credit for purcahses after 12/31/08 and no recapture unless principle residence sold w/i 36 months.

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                #8
                Originally posted by MAJ View Post
                I've mesmerized it.
                LOL Love it. Mesmerized is about what I've become trying to read all of this stuff.
                Sandy >^..^<

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