First time home Buyer Credit ?

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Subject Author Date First time home Buyer Credit ? DJMARTELL 09-24-2009  Re: First time home Buyer Credit ? Stuart A. Bronstein 09-24-2009  Re: First time home Buyer Credit ? Gene E. Utterback, EA, RF... 09-24-2009
Posted by DJMARTELL on September 24, 2009, 11:34 am Please log in for more thread options Person has owned a mobile home on a rented lot for the past 4 years. Does the person qualify for the FTHB credit if purchasing a new home ? -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by Stuart A. Bronstein on September 24, 2009, 12:05 pm Please log in for more thread options DJMARTELL@AOL.COM wrote: > Person has owned a mobile home on a rented lot for the past 4 > years. Does the person qualify for the FTHB credit if purchasing > a new home ? Did he live in it for two years? If so, no. -- Stu http://downtoearthlawyer.com -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by Gene E. Utterback, EA, RFC, AB on September 24, 2009, 1:14 pm Please log in for more thread options > Person has owned a mobile home on a rented lot for the past 4 years. > Does the person qualify for the FTHB credit if purchasing a new home ? Assuming he actually lived in the mobile home as his primary residence - NO. Sorry, Gene E. Utterback, EA, RFC, ABA -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Similar Threads Posted Tax credit for first time home buyer August 28, 2008, 10:22 am first time buyer home credit January 30, 2009, 1:33 pm First-time home buyer credit and definition of "occupy" for new construction February 14, 2009, 12:56 am First time Home buyer September 3, 2008, 10:54 am extended home buyer tax credit November 10, 2009, 9:26 pm 8Kk first time buyer question. June 16, 2009, 3:05 pm Home buyer - abroad January 7, 2007, 10:51 pm New Home Buyer Rebate October 24, 2009, 9:53 am First-time homebuyer credit March 6, 2009, 12:11 pm heads up on first-time homebuyers credit May 29, 2009, 5:09 pm