Nephew buying home

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  • bekzm
    Senior Member
    • Jan 2008
    • 155
    #1

    Nephew buying home

    Nephew buying home from uncle. Will he qualify for the 1st time home credit. Says close relative - spouse, parent, grandparent - does uncle qualify. Probably will not buy it from the 83 old uncle if does not.
    Tags: None
    • solomon
      Senior Member
      • Aug 2006
      • 1012
      #2
      Lineal descendants do not qualify but a collateral descendant would qualify.
      Last edited by solomon; 08-31-2009, 02:25 PM.

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