Lubavitch Real Estate Blog

Residence is a concept that varies according to the regulation of which is the subject.

Residence for tax relief. For the purposes of a housing savings account or tax breaks to housing is one in which we live continuously for at least three years, unless circumstances exist requiring a change of address such as marriage, separation, job change etc.Residence (home office). Residence means the building which constitutes the person’s residence for a period of at least six months a year. Also means that housing is common in cases of occupation of it from less than one year where she has lived in a time equivalent to at least half elapsed from the date on which it started occupation. (In order to redress the damage to the structure, fixtures and furnishings as a result of terrorist acts).

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