Jennifer has been living in her current principal residence for three years. Six months ago Jennifer decided
Question:
a. How should Jennifer treat the interest if she has begun construction on the home and plans to live in the home in 12 months from the time construction began?
b. How should Jennifer treat the interest if she hasn't begun construction on the home, but plans to live in the home in 15 months?
c. How should Jennifer treat the interest if she has begun construction on the home but doesn't plan to live in the home for 37 months from the time construction began?
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Related Book For
Taxation Of Individuals And Business Entities 2015
ISBN: 9780077862367
6th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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