First home purchase tax credit?
My family moved from one city to another and we rented this house until we sold our home which was from 10/08 -04/09. We then bought this home. My wife a bought our last house in 06 on her own as my credit was in poor shape. The home we now live in was bought by me b/c of my wife’ credit was not going to help and I had cleaned mine up. This was the first home I have ever owned as before marriage we rented. The tax break as part of the stimulus for home purchases seemed to exclude us because of one question. “Have you and your spouse owned a home in the last 3 years?” This posed a good question. I have never had my name on a home loan and my wife is not on the one I now have. We were excited b/c I have been laid off for 7 months now and am a stay at home daddy of a 2 and 3 year old boy. I am on unemployment and we are in debt now badly but are in good standing with all creditors. My said we do not qualify and I said that she is probably right but wanted to turn every stone to make sure as we are in dire straits. Please advise. Thank you and God Bless.