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by seanmcdirmid
974 days ago
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> of course I did, that is what primary residence means: the place in which you primarily reside There is no legal framework in the USA to determine a primary residence. > whatever laws and regulations China has around that, they aren't the ones in effect here China has a much stronger system in place for determining and enforcing residency than the USA, if they can't do it, then how will we? |
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This is false: you can almost never claim a place as your primary residence in the US if it is not.
The distinction carries tax implications, which is why there is indeed law around it in the US (and why you rarely see families doing it to take advantage of already-existing first time homeowner incentives, etc.). Here's another phrasing of this:
You must occupy your primary residence by a certain date after closing, often within 60 days. You must live within your primary residence for the majority of the year[0]
> China has a much stronger system in place for determining and enforcing residency than the USA, if they can't do it, then how will we?
Maybe they do, or can, or don't, or can't, it's totally irrelevant because China's laws don't apply in the example we're discussing.
[0]: https://www.bankrate.com/real-estate/primary-residence-defin...