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Which of the Following Is/are Correct Concerning a Principal Residence

Question 34

Multiple Choice

Which of the following is/are correct concerning a principal residence?
I.A principal residence can be a house, condominium, mobile home, or houseboat.
II.A taxpayer can have more than one principal residence at a time.


A) Only statement I is correct.
B) Only statement II is correct.
C) Both statements are correct.
D) Neither statement is correct.

Correct Answer:

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