- For married taxpayers, the law tests the homeownership history of both the home buyer and his/her spouse. That is both spouses must qualify.
- Qualification may differ depending on how a married couple files taxes. Jointly, Single but Married etc.
- Qualification limitations will be applicable with regard to transactions amongst family members. Please consult a Tax Professional.
ALWAYS CONSULT A PROFESSIONAL TAX ACCOUNTANT FOR ALL AND FURTHER CLARIFICATION