The Downing Street aide also brushed off questions about whether the prime minister would expect capital gains tax to be paid on a property that has been designated a second home for expenses purposes. (theguardian.com)
Additionally, you are eligible to designate a second home as your primary residence in a given year as long as it meets the guidelines set forth by the IRS. (mortgagecalculator.biz)
The backbencher has served for 22 years and was criticised when it was revealed his designated second home was in London, even though his main home is within the commuter belt. (politics.co.uk)