Discussion:Principal Residence question

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Discussion Forum Index --> Tax Questions --> Principal Residence question

Kgpeters (talk|edits) said:

16 January 2008
I understand the Personal residence use law however I am curious as to how the IRS would define a personal residence. If I own two homes in the same state and share my time (6 months in each then what is the determining factor as principle residence when I sell one?

94nole (talk|edits) said:

16 January 2008
How it would define or how it does?

www.IRS.gov

Solomon (talk|edits) said:

16 January 2008
See Reg. 1.121-1(b)(2).

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