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Deductions & credits
"You can't compute the average balance for the primary home (home A) as $650K /12 *8 = $433K because it wasn't a qualified home for 12 months."
" Since home A had no balance for Jan - April"
are these conflicting statements? if Home A is zero for 4 months and $650 for 8 months, isn't that $433k as the average for 12 months?
March 24, 2025
10:48 AM