Wednesday, August 10, 2011

I am buying my first home and was wondering if I could claim the $8000 tax credit.?

My parents own the LLC that own the house I want to buy. I know you cant buy directly from your parents and i don't own any part of the LLC. I called a tax expert in town here but I am not sure if I should trust him. If i cant get it it's no biggie I just don't want to claim it and then get audited by the IRS.

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