Comments on: First time homebuyer tax credit question? http://raiseyourcreditnow.com/first-time-homebuyer-tax-credit-question/ Wed, 17 Aug 2011 05:23:38 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: v b http://raiseyourcreditnow.com/first-time-homebuyer-tax-credit-question/comment-page-1/#comment-2011 v b Sun, 22 Nov 2009 21:01:07 +0000 http://raiseyourcreditnow.com/first-time-homebuyer-tax-credit-question/#comment-2011 Mr hrblock's advice about getting the assistor's name and badge number is relatively worthless. Unless it's in writing, it won't stand up in court. Mr hrblock’s advice about getting the assistor’s name and badge number is relatively worthless. Unless it’s in writing, it won’t stand up in court.

]]> By: ninasgramma http://raiseyourcreditnow.com/first-time-homebuyer-tax-credit-question/comment-page-1/#comment-2010 ninasgramma Fri, 20 Nov 2009 07:18:10 +0000 http://raiseyourcreditnow.com/first-time-homebuyer-tax-credit-question/#comment-2010 I assume the grandmother is not an owner of the property and that none of the property you received was a gift or inheritance. If true, purchasing the property from your great-uncle's trust does not disqualify you for the credit. I assume the grandmother is not an owner of the property and that none of the property you received was a gift or inheritance.

If true, purchasing the property from your great-uncle’s trust does not disqualify you for the credit.

]]> By: hrblockerrolquinn http://raiseyourcreditnow.com/first-time-homebuyer-tax-credit-question/comment-page-1/#comment-2009 hrblockerrolquinn Wed, 18 Nov 2009 10:00:42 +0000 http://raiseyourcreditnow.com/first-time-homebuyer-tax-credit-question/#comment-2009 Dear M: Look at the IRS regulations at. A disqualifying position is buying a home from a close relative. I would get an opinion from the IRS by calling 800-829-1040. Get the agents name and number and you're covered if the IRS ever audits you. This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided. Click on my profile to read more. Errol Quinn Enrolled Agent Dear M: Look at the IRS regulations at. A disqualifying position is buying a home from a close relative. I would get an opinion from the IRS by calling 800-829-1040. Get the agents name and number and you’re covered if the IRS ever audits you.

This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided. Click on my profile to read more. Errol Quinn Enrolled Agent

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