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nde239
New Member

Rent credit: yes, I pay rent. What does principal residence mean

 
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Marketstar
Level 7

Rent credit: yes, I pay rent. What does principal residence mean

A principal residences is the primary location that a person inhabits.

It doesn't matter whether it is a house, apartment, trailer or boat, as long as it is where you live most of the time.

http://www.investopedia.com/terms/p/principalresidence.asp

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