Posted on: 15th Sep, 2009 12:21 pm
Daughter is FTHB and qualfies for the $8000 tax credit.
Mom is co-signer, does NOT qualify for the tax credit / will not be living in the home that is being purchased.
Will Daughter still qualify to claim the $8000 tax credit?
Mom is co-signer, does NOT qualify for the tax credit / will not be living in the home that is being purchased.
Will Daughter still qualify to claim the $8000 tax credit?
Nope
If one of them has onwed a house in the last three years then that will disqualify for the $8000/- tax credit
If one of them has onwed a house in the last three years then that will disqualify for the $8000/- tax credit