Go Back To Search Results Question does my mobile home disqualify me from the tax credit? about 3 years ago When my grandma died the family sold me the trailer that we lived in for $5000.00 its a 1970's modal trailer and they are sold with a title not a deed. anyway I just bought my first house for 108.000 and i been real excited about the 8000.00 tax thing and now im worried when I do my taxes I wont get it because of the trailer. The bank gave me a first time homeowner loan and all that. So I just dont know I googled all kinds of stuff and it kinda looks like I wont get the 8000 but anyways id appreaciate some feedback. thanks By cheezin Posted on 10/23/09 Total Answers 5 Answers- Sorry, no joy. The trailer is a home, so the tax credit doesn't apply. Answer by : Common Sense On Date 2009-10-23 07:59:33 Sorry, but owning you mobile home that you lived in any time during the past three years does make you ineligible for the first time homebuyer's credit - the mobile counts as having owned your home. Answer by : Judy On Date 2009-10-23 08:01:49 For purposes of this credit, a mobile home counts as a home. As you owned and lived in a main home within the past 3 years, you do not qualify for the credit. The fact that the prior home has a title and not a deed is irrelevant. Answer by : Wayne Z On Date 2009-10-23 08:03:07 The trailer does count as a home so therefore you do not qualify for the first time homebuyers credit. HR Block -- Tax Advisor I Answer by : genskitty On Date 2009-10-23 08:05:39 Since you owned a home, namely your mobile home, in the last three years, you won't be eligible for the credit. Many different things qualify as a home other than a traditional house. A mobile home, a condo, a houseboat, among other things all are considered homes. However, if someone who qualified bought one of these, they would qualify for the credit. Answer by : shoredude2 On Date 2009-10-23 08:12:36   Go Back To Search Results