answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Can you claim that you live in your home of record if you own a house elsewhere?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

What does line 369 of the first time home buyer's tax credit stipulate is the maximum amount one can claim?

Line 369 of the Home Buyerå«s Tax Credit stiputlates that first time home buyers can claim a maximum credit amount of $750. Only one partner can claim $750 on his/her tax return.


Can you sell your house if you have charged-off credit cards and can your creditors find out if you are selling your house and sue you?

Credit concerns are not an issue with the sale of a home. Public record searches to determine whether or not a debtor owns property that can be attached by a lien is common in the collections industry. If your creditor knows you have a home now and a future search shows that home has been sold, they might trigger accelerated collection efforts, including a lawsuit.


What is the difference between a home improvement loan and a home equity loan?

Home improvement loans are given to people who want to do renovations on their house. Home equity loans are loans that are given out with the assurance of the house.


How can i claim a Tax credit on buying a house trailer?

You will have to meet all of the rules for this purpose. For more details on the credit, visit the First-Time Homebuyer Credit page on IRS.gov. A new version of Form 5405, First-Time Homebuyer Credit, will be available in the next few weeks. A taxpayer who purchases a home after Nov. 6 must use this new version of the form to claim the credit. Likewise, taxpayers claiming the credit on their 2009 returns, no matter when the house was purchased, must also use the new version of Form 5405. Taxpayers who claim the credit on their 2009 tax return will not be able to file electronically but instead will need to file a paper return. A taxpayer who purchased a home on or before Nov. 6 and chooses to claim the credit on an original or amended 2008 return may continue to use the current version of Form 5405.


Can you claim closed end loan interest on your taxes?

Outside of a business setting, or home mortgage, No.

Related questions

Can you withdraw a claim from your home insurance?

Yes you can withdraw your claim, but once reported, the damage and the claim filing are still on record.


Is beneficiary information on life policy a public record?

No it is not. The beneficiary information is listed on the policy and with the home office of the insurance company, but there is no reporting of it elsewhere.


Could you claim on your car insurance if your car burnt your home down?

Sure, you can make a claim for the damage done to the car if you have physical damage coverage. As for the home, only your home insurance will pay for the damage to the house. The house insurance will not pay for a car and an auto policy will not pay for a house. Even if the same incident gets both.


How long do you have to file a claim on your house insurance in va?

You will have to check your home owner's policy. It is a contract that you have with the insurance company and will specify how long you have to file a claim.


How many people claim head of household in the same address?

For one home (house) you can only have one qualifying HOH for that home.


Why did your house insurance double after your claim?

because you are now considered a high risk home owner. serious


If i have not purchase a home in the last five years but my name was added with a quit claim deed on my brothers house am i consider a first time buyer if i buy a house?

No. Not if you purchased a home five years ago.


Dose Justin Bieber have a police record?

Justin Bieber does not have a police record. Before he was discovered him and his friends snuck out of the house at 2am and were brought home by the police but they werent given a record.


in Arkansas If you own a house and then marry would your spouse have any claim to the home?

In a divorce, it could happen. Have her sign a prenup.


Exhusband he signed quick claim he is the primary loan holder but the house is in forclosure?

we just got divorced and he gave me the home but it is in forclosure if i fax qick claim to mortage company will they have to start process over


How do you claim your house if you have not worked?

There are expenses of home ownership that can be deducted on an income tax return. If you have no income to be taxed, you don't need any deductions.


Can I claim improvements to my house onmy federal tax?

Renovations, repairs and/or improvements made to one's home are not tax deductible and neither are your power bill, phone bill, house payment, etc.