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How do they determine the purchase date as applied to the cutoff dates?

April 26, 2017applied cutoff dates determine purchase

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How do they determine the purchase date as applied to the cutoff dates?

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If you bought an existing home, the date of purchase is your closing date, not the day that you sign a purchase contract or enter escrow. If you constructed a new home, you are treated as having purchased it on the date you first occupied it. (Seems like some wiggle-room here.