Hawaii Nesties
Dear Community,

Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.

If you have questions about this, please email help@theknot.com.

Thank you.

Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.

PSA: Qualifying for the $6,500 tax credit

SO we met with our tax accountant on Friday and he explained to us that although my husband owned his condo for 5 years and we purchased a new home, we will not qualify for the $6,500 long-term home owner tax credit. You may ask why??? Well we got married and I have not lived in his condo for five years, therefore we do not qualify for the credit. It appears we should have never got married. Isn't that just a crock of BS!!!!

If anyone knows anyway around this or any ideas of a loop hole to this stupid catch please let me know. Malia....I think this would be a good topic fo an article ;-).

Lilypie Pregnancy tickers image Heather and Mark | Lanikuhonua 8-14-08

Re: PSA: Qualifying for the $6,500 tax credit

  • Hi Heather! I'm not sure about the tax thing but I just wanted to say Hi and congrats to you and your hubby!
  • Wow, that sucks. What if you file your taxes separately? Then it wouldn't make sense if he can't get it for living in it for 5 yrs, or do they not care about that either?
    Sept 2008 Wedding | May 2010 & Mar 2012 Babies
  • imageinamra:
    Wow, that sucks. What if you file your taxes separately? Then it wouldn't make sense if he can't get it for living in it for 5 yrs, or do they not care about that either?

     They don't care....it states that You (and your spouse, if married) have to have lived in the dwelling for 5 years of the past 8. BOO!!!

    Lilypie Pregnancy tickers image Heather and Mark | Lanikuhonua 8-14-08
Sign In or Register to comment.
Choose Another Board
Search Boards