I have a question of eligibility regarding the $6,500 "move up" home buyer tax credit.
I closed on my home on 12/31/03 and it is our primary residence. Last year I decided to sell my house when I found out a Registered Sex Offender was relocated next door. As a single mother of a nine year old I temporarily moved in with friend in July of 2008. This also gave me an opportunity to renovate the house in order to sell it. My mail was also forwarded to my friends address during this time.
We moved back to the house in June of 2009 when the work was completed and learned that the Sex Offender was sent back to prison. We are presently residing there full time now.
I did not rent the house and continued to pay the mortgage, utilities and taxes on the property during the entire time. I also spent most weekends and various other times at the house doing the renovations.
Will this time I spent at my friends house exclude me from the $6,500 tax credit? As a single
parent with a low income this tax credit would be very important to me.
I have a question of eligibility regarding the $6,500 "move up" home buyer tax credit.
I closed on my home on 12/31/03 and it is our primary residence. Last year I decided to sell my house when I found out a Registered Sex Offender was relocated next door. As a single mother of a nine year old I temporarily moved in with friend in July of 2008. This also gave me an opportunity to renovate the house in order to sell it. My mail was also forwarded to my friends address during this time.
We moved back to the house in June of 2009 when the work was completed and learned that the Sex Offender was sent back to prison. We are presently residing there full time now.
I did not rent the house and continued to pay the mortgage, utilities and taxes on the property during the entire time. I also spent most weekends and various other times at the house doing the renovations.
Will this time I spent at my friends house exclude me from the $6,500 tax credit? As a single
parent with a low income this tax credit would be very important to me.
Thank you,