first time homebuyer tax credit: Help please - $8,000 First time homebuyer tax credit - 03/24/09 04:26 PM
If a potential buyer has owned a home for the past 20 years but can clearly show that he has continuosly has rent it out and never has lived in it, and owns no other properties, would this person qualify for the first time homebuyer tax credit?  He has had a rental for his own residence for the past 20 years and now wants to buy a home to serve as his primary residence.  Thanks.
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Bob Mori

Trumbull, CT

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