turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Does foreign property count as a place when consider a Homebuyer credit benefit in US?

Greeting!

I own the foreign property in another country for years and had been living in the place for 3 years (until 2020).  I moved to US since I got a new job offer from 2021. I am planning to buy a new property this year. Do I qualify for the First home buyer credit? I look up the discussion and context seem to be complicated to understand. Thanks in advance for clarifying.

 

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Does foreign property count as a place when consider a Homebuyer credit benefit in US?

There is not a first time homebuyers credit on a federal tax return.  That expired after September 2010.

View solution in original post

1 Reply

Does foreign property count as a place when consider a Homebuyer credit benefit in US?

There is not a first time homebuyers credit on a federal tax return.  That expired after September 2010.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies