CS
Level 1
12-07-2019
05:12 AM
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Best Answer Click here
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tilt53
Level 3
12-07-2019
05:12 AM
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By definition alone there can be only 1 primary.
abctax55
Level 15
12-07-2019
05:12 AM
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HEY, Sandy .. where ya' been :smile:
"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
( Generic Comment )"
tilt53
Level 3
12-07-2019
05:12 AM
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Back in the hospital for a week or so. Doing better again.
abctax55
Level 15
12-07-2019
05:12 AM
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bummmmmmmmer....sorry to hear that.
"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
( Generic Comment )"
itonewbie
Level 15
12-07-2019
05:12 AM
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Take care of yourself, Sandy. :pray:
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Still an AllStar
Still an AllStar
sjrcpa
Level 15
12-07-2019
05:12 AM
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You have been missed. glad you're doing better.
Ex-AllStar
Ex-AllStar
IRonMaN
Level 15
12-07-2019
05:12 AM
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:+1:
Slava Ukraini!
Slava Ukraini!
garman22
Level 13
12-07-2019
05:12 AM
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That one is a loaded question. Principal....not in the sense I think you mean. The one you are not living at will be treated as an investment piece of property. You will continue to deduct mortgage interest (assuming you qualify to do so) and property taxes. When you sell, it "should" qualify for the 121 exclusion assuming you meet all qualifications to do so.
TaxMonkey
Level 8
12-07-2019
05:12 AM
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I'm curious as to the context you are asking this question?