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  • spencer
    Senior Member
    • Jan 2010
    • 115

    #1

    More Fthc

    I have a retired pastor friend who owned and lived in his home 2008. I don't know how ling he owned it, but the point is, he did live in his own home within the last three years. He built a new home in 2009 and moved in well before Nov 6. His tax preparer (I'm not the guilty one here), told him he qualifies for the long-time homebuyers credit. What am I missing? If he lived in his previous dwelling five out to the last eight years, to qualify for a long time homebuyer credit, doesn't he have to move in (or buy) after Nov 6, 2009?
  • spanel
    Senior Member
    • Oct 2008
    • 845

    #2
    Yes, He doesnt qualify.

    Chris

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    • spencer
      Senior Member
      • Jan 2010
      • 115

      #3
      Thanks,

      Chris. I have a problem with confidence in myself in situations like this

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