In article <4b326607-f03e-4155-a3ac-9af3eab11834[at]j38g2000yqa.googlegroups.com> ,
Joseph V Anthony <josephvanthony[at]gmail.com> wrote:
- quote -




You must live in that house as your main home for at least three years
to avoid having to pay back the money.

- quote -

It must be the first main home you have owned (and if married, your
spouse has owned) within three years.
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ArtKamlet at a o l dot c o m Columbus OH K2PZH

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OK so there is a good rumor going around about the 8k housing credit
for new home owners. My wife and I are young and still in school. I'm
looking try and buy a house with the market being low and having
really good credit. The problem is that I go to school in Idaho and by
no means plan to live in there for 3 years. I heard that I must live
in the house for 3 years. Is this true?

Are there any ways around it? IE buy a house in another state and make
that my home? and just come back to it when I'm done with school? I
will be done in August of 09. Will I be able to recieve the credit if
I buy it after I am done with school?

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >