Home Buying in 63755>Question Details

Ted Jones, Home Buyer in Jackson, MO

Adding someone to title/loan (via refinance) after taking the first-time buyers tax creadit

Asked by Ted Jones, Jackson, MO Mon Feb 9, 2009

If I take the first-time buyer's tax credit and then get married and refinance with someone that does not qualify for the credit (adding them to the title and loan), do I lose the credit or do the terms still apply?

Help the community by answering this question:


that's not one I've been asked before. I'll have to see if I can find an answer. I'd call the IRS and ask. Don't forget that the state of MO will loan you the tax credit money up front to use for downpayment, closing costs, etc now to, then you pay it back as you get it with your tax refunds.
Web Reference: http://www.yourstlhome.com
0 votes Thank Flag Link Mon Feb 9, 2009
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