Definitions for "residential property"
Property which is zoned for single-family homes, multi-family apartments, townhouses, condominiums, and/or co-ops.
Property that consists of homes, apartments, townhouses, and condominiums.
Real estate designed and intended as dwellings, including single- and multi-family homes but not hotels or motels. A property that combines both residential and non-residential uses must derive at least 80% of its gross rental income from dwelling units to be considered residential for purposes of depreciation. If a mixed-use property is owner-occupied, then the fair-market value of the owner's unit must be taken into account when determining the residential or non-residential status of the property.
Residential property includes houses, condos, trailers, and boats if they have sleeping, eating, and bathroom facilities. If you have more than one residence, only one will quality for the preferred tax treatment as your principal residence. Your principal residence will be the place where you spent the greatest part of the year.
a property that contains the taxpayer's principal residence
A piece of property whose highest and best use is the maintenance of a residence.
Domestic conveyancing and other matters of interest to homeowners and residential landlords.
Residual claim Residual dividend approach
reverse mortgage ratio calendar spread
Land and improvements consisting of 1 to 4 unit homes.