Originally Posted by thesnort
Does the homebuyers' tax credit (U.S.), due to expire soon, apply to a boat one buys to live aboard?
Google hasn't convinced me yet. Does anyone know?
This is the closest I've come to a definitive answer. The IRS instructions for Form 5405 read as follows:
"Your main home is the one you live in most
of the time. It can be a house, houseboat, housetrailer,
cooperative apartment, condominium, or other type of
I think a liveaboard can be construed as a "houseboat".