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Q: Can you qualify for the 8000 first time home buyer tax credit if buying a duplex as a principle residence?
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How would a person find out if they qualify for the First Time Home Buyer Tax Credit?

In a span of three years mainly, from 2008 to 2010, a person may qualify for the First Time Home Buyer Credit if they had bought primary residence from that year.


You purchased a trailor in 2004 do you qualify for stimulus credit?

You have to be a first time home buyer with a closing date after April 8, 2008 and before December 01,2009. It has to be your primary residence. There are income phase outs and not everyone will qualify. You can file an amendment on you 2008 tax return or wait until you file you 2009 tax return to claim your credit. If owned a primary residence at any time during the three years before the date of purchase you do not qualify for the credit. You cannot claim the credit before there is a completed sale and purchase of the residence. For more information visit the IRS website http://www.irs.gov/newsroom/article/0,,id=206291,00.html


Buying on credit?

Buying on credit is also called Buying on Margin


Resident of new york buying a house in Ca do you qualify for the first time home buyer credit?

If it is your main home primary residence and you meet all of the rules that have to be met for this purpose.You must have bought --- or entered into a binding contract to buy --- a principal residence on or before April 30, 2010.If you entered into a binding contract by April 30, 2010, you must close (go to settlement) on the home on or before June 30, 2010.Go to the IRS.gov website and use the search box for First-Time Homebuyer Credit


How do you know you qualify for an FHA loan?

FHA loans are the principle loans that are used to purchase a new home. The most important factors that the banks use to qualify someone for these loans is their credit score and the amount of money available for a down payment.

Related questions

Do i qualify for the tax credit if i bought my house as 2nd home but actually live in it?

The key here is this. Is the second purchase your PRIMARY residence? If you live in the home 24/7...not a vacation home...you use this address for your mail and primary residence, then it IS your primary residence. That fulfills the obligation in the rules for the tax credit.


How would a person find out if they qualify for the First Time Home Buyer Tax Credit?

In a span of three years mainly, from 2008 to 2010, a person may qualify for the First Time Home Buyer Credit if they had bought primary residence from that year.


You purchased a trailor in 2004 do you qualify for stimulus credit?

You have to be a first time home buyer with a closing date after April 8, 2008 and before December 01,2009. It has to be your primary residence. There are income phase outs and not everyone will qualify. You can file an amendment on you 2008 tax return or wait until you file you 2009 tax return to claim your credit. If owned a primary residence at any time during the three years before the date of purchase you do not qualify for the credit. You cannot claim the credit before there is a completed sale and purchase of the residence. For more information visit the IRS website http://www.irs.gov/newsroom/article/0,,id=206291,00.html


Can you qualify for a Halifax credit card if you live in the United States?

Halifax credit cards are available in the UK. If you are temporarily living in the United States or still have a residence in the UK, you should still be able to apply for a Halifax card.


Buying on credit?

Buying on credit is also called Buying on Margin


How do you know you qualify for an FHA loan?

FHA loans are the principle loans that are used to purchase a new home. The most important factors that the banks use to qualify someone for these loans is their credit score and the amount of money available for a down payment.


Resident of new york buying a house in Ca do you qualify for the first time home buyer credit?

If it is your main home primary residence and you meet all of the rules that have to be met for this purpose.You must have bought --- or entered into a binding contract to buy --- a principal residence on or before April 30, 2010.If you entered into a binding contract by April 30, 2010, you must close (go to settlement) on the home on or before June 30, 2010.Go to the IRS.gov website and use the search box for First-Time Homebuyer Credit


Do I qualify for a Home Depot Credit Card?

You can qualify for a home depot credit card it really depends on your credit card and your credit history which they will run before they give you the card


Can you obtain a home equity loan on a family home that does not have a mortgage?

Yes, as long as you have a good enough credit rating to qualify for the mortgage.Yes, as long as you have a good enough credit rating to qualify for the mortgage.Yes, as long as you have a good enough credit rating to qualify for the mortgage.Yes, as long as you have a good enough credit rating to qualify for the mortgage.


How does someone qualify for Hertz gold?

Anyone can just about qualify for Hertz gold. the only factor that there is in this, is that you have to have a good credit score. Without a good credit score, you do not qualify.


What credit score does one need to qualify for loans at a traditional bank?

One needs an average to excellent credit score to qualify for loans at a traditional bank. Consumers with a poor credit score can qualify for a high interest loan.


1920 buying on credit was called buying on?

Buying on Margin