How is principal resident defined in 1st time home buyer credit?
I plan to buy a house in September 2009 in a different state (GA) from where I currently live (MD). I will move into that house in June 2010 and will live there for more than 3 years. Will that house be qualified as my principal resident even though I won't move in until June 2010 but has the intention of using that as my primary resident? Will I be able to claim the first time home buyer credit for 2009?