Homebuyer Tax Credit How To Claim
May 29th, 2009
Question: Bought house with owner financing, can I get the first time homebuyer tax credit?
I just purchased my first home and it is through owner financing. I put $10,000 down and am making payments to the owner for ten years. We have a contract through a lawyer. Can I get the first time homebuyers credit just like someone would purchasing a home with a mortgage loan?? What kind of papers do I need to claim the credit? What does the IRS need?
Answer: Did you close on the house and the deed now has your name added to it. You need a copy of the deed, closing papers.
go to http;//irs.gov and download the form
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