Comments on: Can Land Contracts Claim the $8000.00 Tax Credit?

By: Rebecca LaTocha

Rebecca LaTocha — Tue, 16 Mar 2010 17:06:33 +0000

I would appreciate if you would forward information on whether land contracts qualify for the tax credit.

Thanks,

By: ryan davis

ryan davis — Mon, 01 Mar 2010 00:22:16 +0000

i moved into my home in august 2008 on a land contract, i am closing on my home march 3rd 2010, am i eligible for the tax credit i am interested in your legal opinion.

By: John

John — Sat, 13 Feb 2010 18:01:58 +0000

I am interested in obtaining the legal opinion on the land contracts and whether or not they qualify for a tax credit.

By: James Gilbert

James Gilbert — Thu, 04 Feb 2010 02:12:08 +0000

Please send this information on weather land contracts qualify for the tax credit.
Thanks
Jim

By: Todd Fleharty

Todd Fleharty — Mon, 01 Feb 2010 14:05:20 +0000

Please send me this info..

By: k woelk

k woelk — Sat, 30 Jan 2010 15:02:41 +0000

please send me the entire file on whether land contracts count for the tax credit.

By: J. Apple

J. Apple — Fri, 29 Jan 2010 12:28:19 +0000

Regardless of the state, any buyer that has purchased a home via a ‘Deed for Contract’ does indeed qualify. Simply replace the HUD-1 settlement statement with the executed Deed for Contract, and submit the executed contract along with your wage statements, IRS form I5405, and all other applicable tax documents to the IRS. 1040A or 1040EZ cannot be used if you qualify and are claiming the $8,000 tax credit. You must fill out the forms and mail them to your respective IRS office. (For where to mail you return, go to irs.gov/file/content/0..id=105690,00.html)

By: Dave

Dave — Wed, 27 Jan 2010 16:24:35 +0000

I am interested in the full statement, with one question that may not be addressed. How do you file the claim on the federal return when no HUD-1 is generated? I have a land contract and a purchase agreement for an 18-month contract at which time I need to get conventional lending or pay off the balloon.

By: Jesse

Jesse — Mon, 25 Jan 2010 23:46:03 +0000

Oh my god, are you all ignoring what I said? I am confirming it, I am telling you how to do it, and I promise I did it.

By: Kristy

Kristy — Thu, 21 Jan 2010 18:21:30 +0000

My boyfriend and I are currently going to buy a home on a land contract from his father and want to know if we qualify for the new home buyer credit? Please email me details