Multi-state Residency

[dbarta]

What is the name of your state (only U.S. law)? Illinois

We purchased a home and received the homeowners tax credit. I have accepted a promotion in PA and will have to move.

My wife will be staying in the house until she finished school, which will take about a year and then we'll meet the 3 year requirement for owning the home.

What do I need to do in order to keep the tax credit?
Can she rent out a room in the house and not violate the tax credit rules?
Should I avoid registering my car or updating my addresses for my PA apartment?

Thanks,
Devin

 

[FlyingRon]

One of you must maintain the house as your principal residence for the full 36 months to avoid having to repay the credit (I assume we're talking the $8000 2009 First Time Homebuyer Credit). You can rent out the house long as you don't rent out the entire house.