micknorris
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It wouldn't be void, you just can't use the MCC while it is a rental (secondary residence). If you were to convert it back to your primary residence and live th...
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The recapture would only apply if you sold your home within the 9 year observance window correct? After 9 years there should be no recapture consideration.
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I already have the mcc from 2014.
Activity Feed for micknorris
- Posted Re: MCC tax credit usage on a rental property on Investors & landlords. February 27, 2023 12:32 PM
- Posted Re: MCC tax credit usage on a rental property on Investors & landlords. February 27, 2023 12:30 PM
- Posted Re: MCC tax credit usage on a rental property on Investors & landlords. February 1, 2020 10:18 AM
- Cheered Re: MCC tax credit usage on a rental property for AmyC. February 1, 2020 10:18 AM
- Posted MCC tax credit usage on a rental property on Investors & landlords. January 30, 2020 10:32 AM