tag:blogger.com,1999:blog-9198217906327726723.post541357263528295525..comments2009-07-23T17:39:30.996-05:00Naheed Amdanihttp://www.blogger.com/profile/14795201203580900187noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-9198217906327726723.post-29018378881348013712009-07-23T17:39:30.996-05:002009-07-23T17:39:30.996-05:00Well, from a purely logical perspective, I can't see any reason why a property held in a land trust (bank or private) wouldn't qualify, as long as you meet all of the other requirements (i.e. all of the beneficiaries of the land trust would otherwise qualify). However, your accountant might be able to better advise you on whether he can apply for the credit on your behalf if a land trust is involved.Naheed Amdanihttp://www.blogger.com/profile/14795201203580900187noreply@blogger.comtag:blogger.com,1999:blog-9198217906327726723.post-4773113326684611412009-07-17T18:15:15.921-05:002009-07-17T18:15:15.921-05:00Is there any reason that a person who bought their first home in an Illinois-type land trust (title in trustee's name but they own it and live in it) wouldn't qualify for the credit?Markhttp://www.blogger.com/profile/07052636662057107440noreply@blogger.com