Posted by admin | Posted in Uncategorized | Posted on 30-05-2009
Tags: clock, first time home buyer, first time home buyer grants, first time home buyer tax credit, first time home buyer tax credit california, first time lyrics, games, interactive, math, time
Can we get first time home buyer tax credit?
Me and my wife are planning to purchasing a home (we are first time home buyers) from my brother-in-law’s brother. Part of the purchase will be made using some money my dad has set aside for me. The money that will be used is not an inheritance because my dad is still living.
It is my brother in law’s brother. Not my wife’s brother.
As long as you meet the income guidelines you should be fine. The source of the funds is irrelevant to the credit. Buying from your BiL’s brother won’t disqualify the purchase; that’s limited to lineal relations only, i.e parent, grandparent, child, grandchild, etc.
lil’ Corey – First Time
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