I am buying my home rent to own. Do I qualify as the home owner.

I did not borrow any money from a mortgage co.

posted

You probably don't qualify as the home owner. That doesn't happen until and unless the property is in your name. If you have had real estate closing, then you are not yet the home owner.

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I'm the account owner of a 529 for a grandkid. I took a withdrawal and paid the school. Can I prove it was a qualified education expense and not get a tax and penalty?

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