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While Dame Elizabeth may own many properties around the world, her primary residence is in Bel Air, Los Angeles, California US (700 Nimes Road). In the early 1990s she sold Casa Kimberly in Puerto Vallarta, Mexico, and in 2010 she sold Chalet Ariel in Gstaad, Switzerland.
The term 'hometown' means the town that one is used to living, either from childhood or present residence. It can also mean a place of birth or where someone comes from.
One has cartoons and one has a real live person..
John Travolta lives in Ocala,Florida on a huge farm with beutiful horses;he also has a runway for his jets.The farm is named Jumbolair. They have a new website Jumbolair.com all things Jumbolair are Aviation, Real Estate, Inn, Ballroom, Events, and News.Like many other celebrities, John Travolta holds many residence, one of the popular one is situated within the City of Ocala in Florida. According to reports, he spends lot of time in this place since it is located near the Scientology Center in the City of Clearwater. The property is priced at around $5 million. John also has a residence Hollywood, California, the address of which is 4810 Woodley Avenue in the district of Encino.
In this type of situation, the children live with both parents in a shared role but one of those households would have been assigned as the primary residence for the child.
simple answer is no. The home can be considered as a second home if it is at least 50 miles from the primary residence. Otherwise it has to be treated as a investment.
I can't think of any. Understanding that it is the sale of a primary residence that gets a tax break...not the making of income to purchase one. Except for the special conditions under Sect 1031, what one does with the money after a recognition event normally can't effect the taxability of the event preceding it.
Sure. Tell the insurance companies the circumstances. One will be your primary residence and the other is a secondary residence or a rental property or whatever the circumstances.
What is meant by "use?" Many people own second houses or summer/winter vacation locations. For legal and taxtion purposes however, you MUST choose only one residence as your PRIMARY residence (usually defined as where you spend more than 6 months +1 day a year).
A second home is the one that a person does not live in for the majority of the time. This may be adjusted for tax reasons but is almost always a person's primary residence.
100 billion acres Not even close to accurate. Correct answer is up to one-half acre with a house that is your primary residence inside of a municipality, or up to 160 acres with a house that is your primary residence in an area of the state that is not a part of a municipality.
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It depends on the state where the primary residence is located. For instance, in the State of Florida, the answer would be "no". The Florida Constitution provides a homestead protection against the efforts of creditors to levy on one's primary residence. However, a judgment creditor could record a certified copy of the judgment in the county where the Florida primary residence was located and thereby effectuate a lien on the property. This would keep the judgment debtor from being able to refinance the home or make other efforts to pull equity out of the home. In order to determine the answer to this question for the state in which you are located, you should seek legal counsel licensed to practice in your state.
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The premise is a fallacy. It is not possible to live in two states. Legally you have one primary residence and you may have secondary residences. You can only vote in a state where you are a resident and you cannot be a resident of more than one state. The answer is no.
one main primary consumer in streams and rivers are FISH