ECC 201104037 (Oct. 19, 2010)

(storage shed does not qualify as a "principal residence" with result that taxpayer who used storage shed as "home" 40 percent of the time did not own principal residence in prior three years and taxpayer entitled to first-time homebuyer tax credit against cost of constructing permanent home on taxpayer's property). 

CALT does not provide legal advice. Any information provided on this website is not intended to be a substitute for legal services from a competent professional. CALT's work is supported by fee-based seminars and generous private gifts. Any opinions, findings, conclusions or recommendations expressed in the material contained on this website do not necessarily reflect the views of Iowa State University.

RSS​ Facebook Twitter