Examples of Qualified residence in a sentence

Capitalization provi- sions (within the meaning of paragraph (m)(7)(i) of this section) do not apply to interest expense allocated to any per- sonal expenditure under the rules of this section.(3) Qualified residence interest.
Acquisition indebtedness and home equity indebtedness Qualified residence interest is interest on acquisition indebtedness and home equity indebtedness with respect to a principal and a second residence of the taxpayer.
Any necessary disclosure to fiscal or legal advisers and disclosure of the necessary technical particulars to subcontractors is permissible without special written authority of the information giver when the disclosure of information is limited to the scope necessary for the performance of this Agreement and the information recipients their part undertake to treat the information in strict confidence or have professional duty of secrecy by law.
Under an exception to the broad rule disallowing a non-corporate taxpayer a deduction for interest referred to as “personal interest,” an individual taxpayer who elects to itemizedeductions instead of claiming the standard deduction is allowed a deduction for qualifiedresidence interest.2 Qualified residence interest means interest that an individual taxpayer pays or accrues during the taxable year on acquisition indebtedness with respect to a qualifiedresidence of the taxpayer.
Qualified residence interest is either "acquisition indebtedness" or "home equity indebtedness." Sec.

More Definitions of Qualified residence

Qualified residence means any class four residential dwelling in Montana that is a single-family

Qualified residence means homestead property, but

Qualified residence means real property, but less any portion of that property that is

Qualified residence means any class four residential dwelling in Montana that is a single-family dwelling unit, unit of a multiple-unit dwelling, trailer, manufactured home, or mobile home and as much of the surrounding land, not exceeding 1 acre, as is reasonably necessary for its use as a dwelling actually occupied by itself or in combination with another class four residential dwelling in Montana for at least 7 months a year.""

Qualified residence means a dwelling unit— ‘‘(A) located in the United States,

Qualified residence means a residence that (1) is real property affixed on a permanent foundation, (2) is (i) a house which contains four or fewer residential units, (ii) a condominium unit, or (iii) a house or apartment owned by a cooperative housing; (3) is part of a qualified project which has received an allocation from a neighborhood homes credit agency, and (4) is located in a qualified census tract (determined as of the date of such allocation).

Qualified residence means a residence that: