I am buying a new house in my name only. My wife and I received the 2009 $8000 tax credit for first time home buyers, and have not lived here the required 3 years. The house was purchased in her name and she will be staying at the old house. Do we still have to repay the credit?
posted by idyllhands on Apr 26, 2012 - 5 answers

Help me understand how to leverage a rental property to purchase another rental property. Plus it involves family and money. [more inside]
posted by ninjew on Oct 16, 2008 - 3 answers

Can I get the mortgage tax deduction if a parent transfers their house to me and I begin paying the mortgage without going through an actual sale and real estate agent/commission process? [more inside]
posted by KimikoPi on Oct 4, 2008 - 5 answers

I've got a mortgage and withholding question. [more inside]
posted by COBRA! on Nov 8, 2006 - 9 answers

Last Min. Tax Question. Please help [more inside]
posted by curiousleo on Apr 12, 2006 - 7 answers

I own a condo with a mortgage and tax deductions and equity. SO moving in. How do we split expenses fairly? Many other questions about financial logistics. [more inside]
posted by commander_cool on Feb 13, 2006 - 20 answers

My parents asked me to become a cosigner on their house purchase (they don't have enough credit to get the house themselves). I am fully willing to accept the financial responsibility, but am wondering if there are any hidden caveats (especially with regard to IRS) that I should be aware of? [more inside]
posted by blindcarboncopy on Mar 5, 2005 - 14 answers