Can you keep the home buyer tax credit after selling your home and moving to a new home before the 3rd year?
Meaning: buying your first home this year and qualifying for the tax credit. Then, 1 or 2 years later, sell the home, and move to another Home. Or are you stuck in the same home for 3 years to avoid repaying the credit?
No. You must use the home as your primary residence for the full 3 years or else pay back the tax credit.
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No. You must use the home as your primary residence for the full 3 years or else pay back the tax credit.
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Correct, the rules say you must live in that house for 3 years.
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Yes, you are stuck, if you do not want to repay part or all of the tax credit, The rules are clear and explicit, You must occupy the qualifying residence for a period of three or more years after closing date to avoid any possible repayment penalty.
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negative ghost rider
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It depends on how close they have become and how much they like each other. Usually after a few months it'll slow down a little but let her enjoy it. Many times relationships don't last so while she's having a good time, be a good friend and just keep exercising patience. When she's w/ you, let her know that you don't want to hear about him all day but be sure to listen to her sometimes.