Bought house with owner financing, can I get the first time homebuyer tax credit?
I just purchased my first home and it is through owner financing. I put $ 10,000 down and am making payments to the owner for ten years. We have a contract through a lawyer. Can I get the first time homebuyers credit just like someone would purchasing a home with a mortgage loan?? What kind of papers do I need to claim the credit? What does the IRS need?