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Updated almost 5 years ago,

User Stats

7
Posts
1
Votes
Mary Lloyd
  • Rockford, IL
1
Votes |
7
Posts

Second home or primary residence

Mary Lloyd
  • Rockford, IL
Posted

My parents have not owned a house before and I currently have a mortgage on a house with my boyfriend. My parents and I are planning on buying a house together using a conventional loan.

For mortgage and tax standpoint, would that be considered a primary residence or a second home?

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