@sfalk1984 wrote:
Ok, because another forum member said that I cannot get this credit for a home purchased in 2015. I have not claimed any first time homebuyer credit before, but was told that it is only for homes purchased in 2008.
In 2008, first-time homebuyers could get a credit that was really loan and had to be repaid over 15 years on their tax returns. In 2009 and 2010 the credit was changed to free money that only had to be repaid if you moved out of the house in the first 3 years.
For a house bought in 2015, there was no credit you could have claimed, then or now, and you don't owe any repayment, then or now.
Why are you even asking?
Regarding mortgage interest, you can deduct mortgage interest on your main home and one second home. You can't deduct interest on vacant land. The land you bought in Ohio in 2021 does not count for the mortgage interest deduction unless there is a home on the land (a mobile home would be OK, but vacant land is not allowed), or you are building a home and you have a construction loan (but only if the home is completed and you move in within 2 years).
