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Homebuyer Credit for Rental investor

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    #1

    Homebuyer Credit for Rental investor

    I have a young client who bought a house and has never resided there. It has always been a rental property. He has always rented an apartment as his residence.

    He bought a house for his primary residence within the time allowed for the credit and otherwise is eligible.
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    #2
    Originally posted by BHoffman View Post
    I have a young client who bought a house and has never resided there. It has always been a rental property. He has always rented an apartment as his residence.

    He bought a house for his primary residence within the time allowed for the credit and otherwise is eligible.
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    “Ownership of a vacation home or rental property not used as a principal residence does not disqualify a buyer as a first-time home buyer.”

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      #3
      You are the BEST! Thanks BP!

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