<p>How am I supposed to figure that out? We bought a house in July, so should purchase price = market value?</p>
<p>probably- perhaps a tad more depending on your area- but minus what you own on it.</p>
<p>wait, are you serious? you have to minus what you owe on it? But I thought current market value meant what you’d be able to get for it if you sold it today</p>
<p>I don’t have an aid app in front of me and I have the flu- but is there a section where you state how much you owe?( just on your house)</p>
<p>40 Home<br>
** a What is the current market value? (Renters fill in “0” and skip to 40e.) **
b What is owed on it?<br>
c Year purchased (YYYY)<br>
d Purchase price<br>
e Monthly home mortgage or rental payment (If none, explain in Section P.)</p>
<p>yep</p>
<p>If you purchased it within the year, list what you paid on it.</p>
<p>scottaa-thank you</p>
<p>emeraldkity4-hope you get better soon</p>