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I just purchased my home in Nov. '05 but have lived here my whole life, do I qualify for either?

I have a feeling I may have "fallen thru the cracks" on this one because I have been a homeowner for over 3 years but have not owned my home for 5 or more. (but I have lived in it for 43 years)
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November 07 2009 - Chickamauga
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Answers (2)

Michael is right - in order to receive the $6,500 tax credit for buying up - you must have owned your home for the last 5 years out of 8... Hope this helps...
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November 07 2009
You would have to be the owner of the home for at least five of the past eight years. Because you have owned the home for three years, you would most likely not qualify for the tax rebate.
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November 07 2009
 
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