Must a first time homebuyer credit taken in 2008 be totally repaid even thiugh the house was condemned and destroyed in 2011?

[IRonMaN · Accepted solution]

If it was sold at a loss there is no requirement to pay the credit back.  Sounds like if it was condemned, they probably didn't sell it for a gain.

[mojocpa]

You might want to look into amending the open year returns for the annual repayment.