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How does the government define a first-time homebuyer?

April 26, 2017define first-time government homebuyer

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How does the government define a first-time homebuyer?

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A first-time homebuyer is anyone who has not owned a home within the last three years. If your spouse has been a homeowner within the past three years, but you were not the homeowner, you would not qualify for the tax credit.