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Converting a rental property into a primary residence is possible, but doing so can have unwanted tax implications if you go in blind. Fortunately, tax exemptions are available through Section 121 ...
The tax exemption for selling your principal residence allows you to exclude at least a portion of capital gains from your taxes. However, couples must meet a set of criteria to qualify for the ...
The requirements to validate your principal residence vary and depend on the agency requesting verification. On the federal level, the taxpayer's principal residence may in general include a houseboat, a house trailer, or the house or apartment that the taxpayer is entitled to occupy as a tenant-stockholder in a cooperative housing corporation, in addition to the traditional house ...
In 2010, the United States Supreme Court case of Hertz Corp. v. Friend concluded that the "principal place of business refers to the place where corporations' high level officers direct, control and coordinate the corporations' activities." A corporation's state of incorporation and principal place of business each count for (or against ...
A registered agent is a designated person or entity authorized to receive legal and official documents on behalf of a company or LLC, and can be referred to as "Resident Agent", "Statutory Agent", commercial or noncommercial clerk, [5] [6] or by the Federal Motor Carrier Safety Administration (FMCSA), a "process agent". [7]
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The criteria for residence for tax purposes vary considerably from jurisdiction to jurisdiction, and "residence" can be different for other, non-tax purposes. For individuals, physical presence in a jurisdiction is the main test. Some jurisdictions also determine residency of an individual by reference to a variety of other factors, such as the ...
An active-duty Marine has been charged with murdering a contestant from a racy reality TV show whose body was found in a pond a week after she vanished 50 miles away while working as an escort.
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