Can A Duplex Qualify As A Second Home? - Posted by Jeff

Posted by James Harris on December 07, 2005 at 16:21:16:

Yes.

Can A Duplex Qualify As A Second Home? - Posted by Jeff

Posted by Jeff on December 07, 2005 at 14:37:30:

Any thoughts?

Jeff

Re: Can A Duplex Qualify As A Second Home? - Posted by Don Dion

Posted by Don Dion on December 07, 2005 at 16:54:25:

Are you asking if the other side of a duplex can be a second home? Is this for lender second home programs or IRS tax?

If it’s for the loan program as long as you live in one side it’s called a 2unit SFD and follows the owner occupied rules for the program. A lender conciders a second home to be a min of 50 miles from your primary residence