I own Mobile home now, Can I still get the 8,000 dollar tax credit for first time home buyer, if I buy a house
Answers (2)
It's my understanding, I'm not a tax preparer, but if you've deducted interest off you taxes within last 3 years you can't use this credit. If you haven't owed a home in the last 3 years meaning you haven't deducted interest you can use the first time home buyer credit. Your best bet would be to talk to your tax preparer. I've attached a good link that explains the tax credit.
Web Reference: http://www.federalhousingtaxcredit.com
FIRST ANSWER
A mobile is considered a home so you would most likely not be considered a first time home buyer.
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