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Posts: 153
In response to
"
Speaking of renters, tax question I thought of and was curious about.
"
by
ty97
where does the person live? -- nm
Posted by
decline (aka Decline)
Jul 9 '20, 12:52
(No message)
Responses:
For example purposes, say I live in NYC in a rental apartment, but I own a place someplace else.
-
ty97
Jul 9, 12:55
2
Here's the IRS topic on your "main" home vs other
-
Max
Jul 9, 12:58
gotcha - i is dumb -- nm
-
decline
Jul 9, 12:56
They rent a house and own a lake house is how I took it. -- nm
-
spamlet
Jul 9, 12:53
3
then wouldn't the lake house be their primary residence? -- (edited)
-
decline
Jul 9, 12:54
2
Nope. Your primary residence is a test so unless they spend most of their time at the lake it wouldn't be primary. -- nm
-
spamlet
Jul 9, 12:55
1
Oh! nevermind. I misread his initial question -- nm
-
decline
Jul 9, 12:56
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