I am interested in purchasing a small plot of land, but this would be my first property purchase. I understand that there are first-time homebuyer credits (or something? programs of some sort?) available from the government.
My parents have advised me not to buy this land, because I may lose my first-time homebuyer benefits (are these even a thing?).
One, do these benefits apply to empty land, or just "homes"?
Two, is there any way to buy land "anonymously"? Like, if I own a business and plan on conducting some business activity there, can I buy through/from the business? Or what if I pay cash or get a private mortgage or something?
Or is it the very record of someone owning property that precludes them from using these first time homebuyer credits.
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