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To qualify for Qualified Principal Residence Indebtedness (QPRI) exclusion: The debt must be for the purchase of their principal residence. The debt must be for

To qualify for Qualified Principal Residence Indebtedness (QPRI) exclusion:

The debt must be for the purchase of their principal residence.

The debt must be for the purchase of a rental property.

The debt may be for a vacation home.

The debt may be a home equity loan used to purchase a car.

To qualify for Qualified Principal Residence Indebtedness (QPRI) exclusion: The debt must be for the purchase of their principal residence. The debt must be for the purchase of a rental property. The debt may be for a vacation home. The debt may be a home equity loan used to purchase a car.

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