Ok... I just bought a 2-family home in Connecticut and I was looking forward to the First-Time Homebuyer Credit ($8000) at the end of the year. However, after I bought the home, I found out from a few websites that the credit applies only to single family homes, but other realtor's website says otherwise. Some Realtors are saying that as long as I live in one of the unit, I can still get the First-Time Homebuyer Credit.
Does anyone here know that for sure? I hate to wait until the end of the year to find out. Thanks.
This is the IRS page
http://www.irs.gov/newsroom/article/...204671,00.html It doesn't mention anything about single family only.
But these websites are saying this credit could only apply to single family homes:
http://www.prudentialct.com/inthenews.aspx
http://www.realtor.org/HOME_BUYERS_A...YER_TAX_CREDIT