Comments on: Las Vegas $8000 FHA First-Time Home Buyer Tax Credit http://www.senasellsvegas.com/blog/2009/05/24/las-vegas-8000-fha-first-time-home-buyer-tax-credit/ Las Vegas, North Las Vegas, Henderson and Boulder City Real Estate News Thu, 29 Jul 2010 21:54:06 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Charles Richey http://www.senasellsvegas.com/blog/2009/05/24/las-vegas-8000-fha-first-time-home-buyer-tax-credit/comment-page-1/#comment-2025 Charles Richey Sat, 30 May 2009 23:54:17 +0000 http://www.senasellsvegas.com/blog/?p=529#comment-2025 One more important item that a lot of people want to know about. You CAN NOT buy a home from a close relative and collect the tax credit. See IRS Form 5405 for their definition of related parties. I guess they figured out for $8k, parents would let their kids buy their house. :) One more important item that a lot of people want to know about. You CAN NOT buy a home from a close relative and collect the tax credit. See IRS Form 5405 for their definition of related parties. I guess they figured out for $8k, parents would let their kids buy their house. :)

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