Primary residence

From Wikicpa

A person's primary residence is the dwelling where they usually live, typically a house or an apartment. A person can only have one primary residence at any given time, though they may share the residence with other people. A primary residence is considered as a legal residence for the purpose of income tax and/or acquiring a mortgage.

Special rules apply to interest paid on mortgage debt on your principal or primary residence. See IRC section 163(h).

Special rules apply to the gain from the sale or exchange of your principal or primary residence. See IRC section 121.

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