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Updated about 10 years ago on . Most recent reply
2008 Homebuyer Credit Repatment Rental(12') then ShortSale(13')
Hello Community,
I purchased my first home in 2008. I converted my home to a rental in 2012, because I received a job in another state. In 2013, the home was sold through a short sale. For the 2012 tax year, I had to repay (still paying), $6000, the outstanding balance of the 2008 HBC.
Do I have to still have to continue repaying the outstanding balance even though the house was short sold in 2013?