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Ruth Velez
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Ruth Velez answered:
Hi, Judy:
You might appreciate the comments made at the IRS website regarding various First-Time Homebuyer credit scenarios. The web address is: http://www.irs.gov/newsroom/article/0,,id=206294,00.html. Specifically, please read Scenario Number 3. I think it most closely may answer your qeustion.
Of course, also please note that I am not a tax consultant or a CPA. So I encourage you to consult such a professional for more specifics regarding your question and how your circumstances would be affected in relation to the various scenarios provided.
Depending on the professional assistance you receive from a tax consultant, you may also want to be aware of the most recent changes to the first-time homebuyers credit. This information can be found at: http://www.irs.gov/newsroom/article/0,,id=206291,00.html.
I hope this information is of benefit.
Best regards,
Ruth Velez
iMove Group, Inc.
Portland, OR
(503) 975-0525
You might appreciate the comments made at the IRS website regarding various First-Time Homebuyer credit scenarios. The web address is: http://www.irs.gov/newsroom/article/0,,id=206294,00.html. Specifically, please read Scenario Number 3. I think it most closely may answer your qeustion.
Of course, also please note that I am not a tax consultant or a CPA. So I encourage you to consult such a professional for more specifics regarding your question and how your circumstances would be affected in relation to the various scenarios provided.
Depending on the professional assistance you receive from a tax consultant, you may also want to be aware of the most recent changes to the first-time homebuyers credit. This information can be found at: http://www.irs.gov/newsroom/article/0,,id=206291,00.html.
I hope this information is of benefit.
Best regards,
Ruth Velez
iMove Group, Inc.
Portland, OR
(503) 975-0525
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