Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago,

User Stats

16
Posts
3
Votes
Michael Cioffi
3
Votes |
16
Posts

Am I eligible for Biden's $15K first time homebuyer AFTER multi?

Michael Cioffi
Posted

Im a first time home buyer looking to pull trigger on first multifamily in Connecticut/NY area(Good luck to me ahaha)

Question- IF I use accelerated depreation and lower my AGI will I qualify for Biden's first time buyer house credit if it passes? 

So the strategy would be to buy the multi first under a business and then immediately buy my personal first home. (I dont think the law has passed yet but assuming my AGI falls under the 150k for married and whatever other criteria considering local income etc. 

Thanks for feedback!

Loading replies...