my former spouse owned a home that was sold in 2007 in Indiana which is not a community property state. We are now divorced; would I be eligible as a first time home buyer in California? I see that the qualifications say spouse...how does it work in my situation? Any help would be appreciated.
Hi.
I think you would be eligable for the 8k - I would call a Title Company - here is one that I find super helpful - Eden Toothman @ 510.527.2453
Good luck and let me know what you find out -
Scott
415.225.4593
Hi Curiousp,
I agree with Vicky, and here are some sites to do some research regarding your situation:
http://www.irs.gov/newsroom/article/0,,id=206294,00.html First-Time Homebuyer Credit: Scenarios
http://www.irs.gov/newsroom/article/0,,id=206293,00.html First-Time Homebuyer Credit: 2009 Scenarios
http://www.federalhousingtaxcredit.com/2009/faq.php#1 NAHB FAQ for the $8K tax credit
Best, Steve
Call the IRS or a tax attorney to be sure, but I suspect you're OK if your name was never on the deed or mortgage and your husband (now ex) was and is the one claiming the mortgage interest deduction.
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