Asked by Eric Schauberger, Okemos, MI • Thu Aug 7, 2008
My wife and I are contemplating moving to a different city to be closer to her work. We currently live in a condo, which is in my name (we never added her). Can we still qualify for the "first-time home buyers get up to $7,500 tax credit" from the recent Housing bill if we buy the house in my wife's name or does our being married negate us from the credit? Is this a smart thing to do or would we be walking a thin line?
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