Generally those laws apply to the primary residence only.
Anti-deficiency laws generally apply to the primary residence.
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No, you cannot deduct depreciation on your primary residence for tax purposes.
If you live there, of course. If you do not live there, then it is not you 'primary residence'.
According to the Anti Deficiency laws, anti deficiency laws applies to the refinanced first mortgage as long as the property is used as a primary residence of the purchaser.
They are independent properties and there should be no effect on taxes on the primary residence as long as it continues to meet the requirements for a primary residence.
Many states have passed laws that protect the primary residence only. You need to consult with an attorney who specializes in bankruptcy.
Yes. The designation as primary residence is irrelevant to the number of mortgages.
No, a 1031 exchange can only be used for investment or business properties, not for a primary residence.
Yes, your primary residence is considered an asset as it holds value and can be used to generate wealth or financial security.
No, a 1031 exchange cannot be used to buy a primary residence. It is specifically for investment or business properties.