Question
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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