We have lived in the same house for over 4 years and we were under a land contract, August of 08 we bought

Mary
Home Buyer
Lexington, MA

this house. Do we qualify for the credit?

Answers (3)
Brittany Simone...
Agent
Columbus, OH

Mary:

This link should answer your questions:

http://www.federalhousingtaxcredit.com/

Thu Jan 22 2009, 09:58
John Savignano
Agent
01748

It seems as though you qualify, but I agree talk to your accountant. I will be interested to hear how you make out. Good Luck

Thu Jan 22 2009, 09:29
Scott A. Nelson
Agent
02155
FIRST ANSWER

You probably need to consult a good tax professional or real estate attorney since it's a very specific & technical question. If it were up to me I'd give it to you but Uncle Sam may not agree.

Thu Jan 22 2009, 09:25

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