Friday, March 12, 2010

I bought my first house from my brother this year, am i elegible for the first time home owners tax credit?

I qualify under all the other programs criteria, but the IRS website says buying from a close relative my disqualify me

I bought my first house from my brother this year, am i elegible for the first time home owners tax credit?
Yes, this was not an arms length transaction, you are not eligible.


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