Financing in Queens>Question Details

Debbie Kueber, Real Estate Pro in Glendale, NY

First time homeowner buying a 2 family to reside in?

Asked by Debbie Kueber, Glendale, NY Wed Feb 18, 2009

My son is about to sign a contract on a small 2 family that he will be residing in. He is a first time homeowner. Will he qualify for the tax credit?

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You can visit my website - - scroll down to the middle of the first page - you'll see a link for first time home buyers that's a link to a great site

the answer is yes regarding the tax credit....i believe - as long as he plans to reside there in one of the units (owner occupant).
Web Reference:
0 votes Thank Flag Link Fri Feb 20, 2009
If he has not owned a property for the past three years, I think the answer is yes. Good luck.
0 votes Thank Flag Link Thu Feb 19, 2009
The way I read it, yes he would qualify.
0 votes Thank Flag Link Wed Feb 18, 2009
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