Submitted By: Richard
Answered: May 22, 2015 12:21 pm

Even though married, I file a separate return from my spouse. Does this affect my ability to claim the low-income housing credit?

No, filing status has no impact on eligibility for the credit. Owners of residential low-income rental buildings can claim a low-income housing credit over a 10-year period. You can learn more about the low-income housing credit from the U.S. Department of Housing and Urban Development at

Tax Glossary

Residential rental property

Real property in which 80% or more of the gross income is from dwelling units. Under MACRS, depreciation is claimed over 27.5 years under the straight-line method.

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