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Tagged with tax-credit first-time-home-buyer
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Repayment of 2010 First-time Homebuyer Tax Credit
My wife and I received the full $8000 first-time homebuyer tax credit when we bought our home in April 2010, but we're now planning to move. According to the IRS, since we've lived here for less than ...
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2
votes
1
answer
1k
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First time home-buyer incentives require 3 years of primary residence, but can I move if I'm laid off?
My wife and I are 25-months into an FHA loan (we received a first time home buyer tax credit), and I seem to recall that we cannot sell or rent the property for at least 36-months. That wasn't a ...
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