### Question
What does first-time homebuyer mean?


### Answer
**First-time homebuyer** has the following meaning in *26 U.S.C. § 1400C*:

> any individual if such individual (and if married, such individual's spouse) had no present ownership interest in a principal residence in the District of Columbia during the 1-year period ending on the date of the purchase of the principal residence to which this section applies

#### Citation:
  - *26 U.S.C. § 1400C*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter W-District of Columbia Enterprise Zone**

