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Thread: new scenario for fthb credit
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Created on: 11/18/09 03:21 PM
Replies: 1
Viewed: 352

Posted by: deedeedirekt
6 posts since - 11/16/2009
new scenario for fthb credit - 11/18/09 at 3:21 PM

a mother wishes to sell her home to her son and daughter in law who have been renting it for a few years, the question is would putting the deed just in the daughter in laws name qualify them for the credit?

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Posted by: blrgcpa
1247 posts since - 11/17/2006
RE: new scenario for fthb credit - 11/18/09 at 4:17 PM

That's a question for an attorney. Since they already reside in the house, it may qualify for the $6,500 credit instead.

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