Sentences with phrase «exception of your principal residence»

Not exact matches

Here's an exception: Filers who had a loan modification, foreclosure or short sale last year can exclude the amount of debt forgiven on their principal residence from gross income in 2017.

Qualified principal residence indebtedness: This is the exception created by The Mortgage Debt Relief Act of 2007 and applies to most homeowners.

There are exceptions, but you may re-qualify as a first - time home buyer as long as neither you nor your current spouse have owned a home that you occupied as your principal place of residence during the four - year period before the RRSP withdrawal.

Qualified principal residence indebtedness: This is the exception created by The Mortgage Debt Relief Act of 2007 and applies to most homeowners.