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    BrettNLacey's Avatar
    BrettNLacey Posts: 4, Reputation: 1
    New Member
    		  
    #1

    Feb 2, 2010, 11:54 PM
    Can we get the first time home buyers tax credit if we purchased the home from my
    Can we get the first time home buyers tax credit if we purchased the home from my EX step-father?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Feb 3, 2010, 02:00 AM

    Your ex stop-father is not your relative after divorce.
    A related person includes your spouse, ancestors (parents, grandparents, etc), or linear descendants (children, grandchildren, etc.).
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Feb 3, 2010, 05:45 AM

    And was it a "real" purchase, did you get a mortgage and was the deed transferred.
    BrettNLacey's Avatar
    BrettNLacey Posts: 4, Reputation: 1
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    #4

    Feb 3, 2010, 07:44 PM
    Yes we have a mortgage. $165,000 and yes the deed was transferred
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #5

    Mar 1, 2010, 04:06 PM
    Then it is a legal sale and, under current rules, eligible for the credit.
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