first time home buyer – owner loan

July 23, 2009

can you claim first time home buyer credit if you were added to a deed?

quillera asked:


my best friend bought her home back in 2006 but this year on may of 2009 she added me to the deed since I’ve been the one living in the house since 2006 and paying for the mortgage…i already filed my 2008 return but wondering if i need to do an amendment return to apply for the first time home buyer credit with form 5405….PLEASE HELP ! thanks !

Russell

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