Sentences with phrase «part of your principal residence»
Not exact matches
«If you claim part of your home as business usage, I can see them perhaps taxing a portion of the principal residence when you sell,» says Bell.
http://www.canadianbusiness.com/
When a family owns more than one principal residence, it would likely make sense for them to designate each property for at least one year to take advantage of the «1 +» part of the formula.
«If you claim part of your home as business usage, I can see them perhaps taxing a portion of the principal residence when you sell,» says Bell.
My father passed away with principal residence as part of the estate.
will look at all evidence — including length of time in dwelling, primary income sources and patterns of buying, living, moving and selling — to determine if, in fact, the home is a principal residence or part of a business created to earn money off of real estate flipping.