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Updated about 10 years ago on . Most recent reply

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Adrian C.
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2008 Homebuyer Credit Repatment Rental(12') then ShortSale(13')

Adrian C.
Posted

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?

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