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Primary Residence



A primary residence is a dwelling, such as a home, condominium or apartment, where an individual lives for the majority of the year. It is the location used when filling taxes. An individual can only have one primary residence at a time.

Ryan has a vacation home in Hawaii, an investment property in Chicago and a home in San Francisco. He spends at least seven months out of the year in his San Francisco home, therefore, it would be considered his primary residence.
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