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Name on Quick Deed |
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I am thinking about purchasing a home. I currently live at with my mother at the moment. In 2008, she placed my name on a quick deed in case something happened to her. Does that disqualify me for the Tax Credit for Home Buyers? |
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That quit-claim deed made you the owner of the house you live in, so you wouldn't be a first-time buyer. And you haven't owned it long enough to qualify for the repeat buyer's tax credit either. |
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Edith
Originally published on January 14, 2010 |
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