IRS Info. Ltr. 2010-0022 (Jan. 27, 2010)

(taxpayer's purchase of home from taxpayer's mother is not eligible for first-time homebuyer credit; IRS focused on fact that mother is related person under statute, but ignored the fact that I.R.C. Sec. 36(c)(3) does not prohibit fair market purchases from related parties from being eligible for the credit).