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		<title>does the 2009 tax credit count toward duplexes?</title>
		<link>http://www.rxreed.net/duplexes/does-the-2009-tax-credit-count-toward-duplexes</link>
		<comments>http://www.rxreed.net/duplexes/does-the-2009-tax-credit-count-toward-duplexes#comments</comments>
		<pubDate>Sat, 21 Nov 2009 15:47:30 +0000</pubDate>
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				<category><![CDATA[duplexes]]></category>

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		<description><![CDATA[<br />Do duplexes count toward the first-time home buyer&#8217;s tax credit? If I purchase one, I would be living there for at least five years. Thanks. Since you will only live in one-half of the duplex, only 1/2 of the purchase price counts. If the duplex costs $100,000, your credit would be a maximum of $5000. [...]<br /><br /><br />]]></description>
			<content:encoded><![CDATA[<p>Do duplexes count toward the first-time home buyer&#8217;s tax credit? If I purchase one, I would be living there for at least five years. Thanks.<br />
<br />Since you will only live in one-half of the duplex, only 1/2 of the purchase price counts.  If the duplex costs $100,000, your credit would be a maximum of $5000.</p>
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