Qualified residence interest is the most significant exception to the limitations imposed by ยง 163(h) of the Internal Revenue Code.
Read more about Qualified Residence Interest: Interest Deduction Generally, Mechanics, Limitations
Famous quotes containing the words qualified, residence and/or interest:
“Lets face it. With the singular exception of breast-feeding, there is nothing about infant care that a mother is innately better qualified to do than a father. Yet we continue to unconsciously perpetuate the myth that men just dont have what it takes to be true partners in the process.”
—Michael K. Meyerhoff (20th century)
“The death of William Tecumseh Sherman, which took place to-day at his residence in the city of New York at 1 oclock and 50 minutes p.m., is an event that will bring sorrow to the heart of every patriotic citizen. No living American was so loved and venerated as he.”
—Benjamin Harrison (18331901)
“One must either take an interest in the human situation or else parade before the void.”
—Jean Rostand (18941977)