first time home buyer – owner loan

February 23, 2012

first time home owner credit?

Filed under: First Time Home Owner — Tags: , , , , — admin @ 6:05 pm
first time home owner
by National Library of Scotland

Question by roliver138: first time home owner credit?
i am doing my taxes on tax act and i’m at the end were you fill, how do i did the first time home owner credit? is their another form to fill out? do i sent my original in then do the form for that or do both have to be filled together? anyone out their done it yet? i all ready know all the info on what the credit is so i don’t need no info on it just how to apply for it.

thanks

Best answer:

Answer by Judy1
form 5405. If you are using tax software, be sure it’s up do date, that form probably isn’t in original versions.

What do you think? Answer below!

February 2, 2012

Q&A: can you get the money for the first time home owner tax credit the same day you apply?

Filed under: First Time Home Owner — Tags: , , , , , , , — admin @ 6:07 pm
first time home owner
by National Library of Scotland


Question by : tin you get the money for the first time home owner tax credit the same day you apply?


Best answer:

Answer by Doctor Deth
technically, you aren’t eligible for it until the house closes and you would have to wait until you file for tax return next year – lenders may allow some kind fo bridge loan or something



Know better? Leave your own answer in the comments!

January 27, 2012

Can the first time home buyer credit be used for a down payment?

Filed under: First Time Home Buyer — Tags: , , , , , , , — admin @ 6:08 pm


Question by Big Iron: Can the first time home buyer credit be used for a down payment?
Keep hearing that the first time home buyer credit can now be used for a down payment. Trying to find out if that is true or what the qualifications/requirements are for that.

Best answer:

Answer by Professional Peon
I have not heard that and do not know how that would be possible as the tax ascribed would be given to you when you file for your 2009 tax returns next spring



Know better? Leave your own answer in the comments!

January 24, 2012

Q&A: A question about first time home owners credit?

Filed under: First Time Home Owner — Tags: , , , , , , — admin @ 6:07 pm
first time home owner
by National Library of Scotland


Question by Vishnu S: A question about first time home owners credit?
I am 18 years old, with a stable job, my parents are travel to give me liquidate to buy a house, will I qualify for the first time home owner credit, if the admitted is payed off and bought by the parents by giving me the cash??? Because, technically I wont be paying for it, but will be paying my parents in payments, because i don’t have any credit established as yet. Thanks in advance.

Best answer:

Answer by Alterfemego
If the property is purchase in your name only, then yes you may qualify for that tax credit.



What do you think? Answer below!

January 21, 2012

why cant I e-file with first time home owner credit for 2008 we bought the home in Jan. 2009?

Filed under: First Time Home Owner — Tags: , , , , , , , , , , — admin @ 6:06 pm
first time home owner
by National Library of Scotland


Question by dennis h: why cant I e-file with first time home owner credit for 2008 we bought the home in Jan. 2009?
Turbo tax says IRS wont accept this credit yet via e-file. will they ever should I file by cover or waylay to see when they will accept e-file. just e-file is just so much easier

Best answer:

Answer by travelguruette
If you want the new 8k credit that doesnt have to be paid back the revised form is not away yet. That is probably why. Right nowadays that form is only good for the 7500 credit that has to be paid back.



Know better? Leave your own answer in the comments!

January 15, 2012

IRS Reports First Time Home Buyer Tax Credit Abuse

Filed under: First Time Home Buyer — Tags: , , , , , , — admin @ 6:07 pm


The IRS says there was significant abuse and fraudulent claims related to the 00 First Time Home Buyers tax credit. Pretty shocking…
Video Rating: 5 / 5



Charles D’Alessandro Brooklyn Realtor® with Fillmore Real Estate discusses the first time Brooklyn home buyer with Real estate attorney Michael Reinhardt.. Free book offer for Buying or Selling Your Real Estate Does Not Have To Be Stressful!
Video Rating: 5 / 5

Older Posts »

Powered by WordPress
internet conferencing video web meeting | first time home buyer | improve credit score repair