Posted on: 09th May, 2013 12:47 am
I bought a house in May, 2010 which is now up for sale in the market. I understand the credit does not have to be paid back if the house is the primary residence for 3 years. My question is when does that expire? 3 years to the day (for example 1st May, 2013), the month, or the year?
Hi HODE,
As far as I know, it is the date that will be taken into consideration while calculating the expiry of the first time home buyers tax credit in regards to your primary residence.
Thanks,
Jerry
As far as I know, it is the date that will be taken into consideration while calculating the expiry of the first time home buyers tax credit in regards to your primary residence.
Thanks,
Jerry
Welcome HODE,
I agree with what Jerry has said. Nevertheless, it will be better if you could speak with an attorney in this regard and take his opinion.
I agree with what Jerry has said. Nevertheless, it will be better if you could speak with an attorney in this regard and take his opinion.