Sentences with phrase «conversion of principal residence»
(3) For exclusion from gross income of gain from involuntary conversion of principal residence, see section 121.
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Because there are other policies now in place that adequately address credit history, rental income, and financial reserves, Fannie Mae is eliminating some of the requirements specifically associated with the conversion of a principal residence
Not exact matches
The allocation rules only apply to time periods prior to the conversion into a principal residence and not to time periods after the conversion out of personal residence use.