Does a having a private mortgage through family disqualify you for the 1st time home buyer tax credit?
For the past 4 years I have been buying my home from my uncle through an escrow service. The private mortgage does not show on my credit report, but I do claim the interest as a deduction on my taxes. I have placed that home on the market and I am purchasing another home. Will I be able to claim the first time home buyer tax credit since my previous… Continue reading
Categories: loans Tags: credit report, escrow, first time home, first time home buyer, first time home buyer tax credit, private mortgage, time home buyer