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Will a second home in another state qualify for $15000 tax credit?

Profile picture for zeptogram

I am planning to buy a second home in another state. Technically speaking, the house will be used as a primary residency by my spouse who is employed in that state and is currently renting. But would it be possible to claim this second home as a primary residency for tax credit purposes? Are there any additional conditions, such as distance test, or filing status (we intend to file jointly) related to this case? Our employers are 600 miles apart.  

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February 08 - Colorado Springs
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Profile picture for azrob
Real Estate Agent

View my 1 listings

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Since January 2009

the bill isn't law yet. it may change dramatically, be eliminated who knows. it isn't law yet, nothing is final.
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February 08
 

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