Profile picture for sergio36

If i'm buying two family house as my primary residence Will I qualifay for first time home buyer ?

  • June 30 2009 - Gravesend-Sheepshead Bay
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Answers (3)

If you are a 1st time buyer and you plan to live in the home then you may qualify.  It is best to speak with a tax consultant or most mortgage brokers will have this information.
  • July 11 2009
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Profile picture for yfalade
Yes. As long as you are a first time homebuyer, and the property falls under the "one family" definition. A two-family technically house falls under such a category. So you are OK.
  • July 11 2009
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Only first time homebuyers (an individual who hasn't owned a principal residence in the previous 3 years) is eligible to use the credit. And it applies to buying one principal residence. Also the residence must be in the USA. It's best to consult your tax professional but this is an answer to your basic question. Hope it helps!
  • June 30 2009
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