Can I keep two houses as primary resident?

3 Answers

  • 1 month ago

    In the United States it is possible for you to BUY two homes as a primary residence only if they are markably different and so many miles apart according to most lenders.  For instance, you can buy a beach house as a primary resident, then also buy a primary resident in the mountains in another state.  However, state laws may prohibit you to classify two houses in the same state as primary residences unless you are living there 6 months out of the year. You can split time between two places. The best thing to do is to check with the property appraiser in each area/state where you own (or hope to own) your two houses. Ask them how your home is "classified". Is it a primary residence or "classified" as a second home? They may ask you how many months out of the year you stay in your home. This will determine their answer to you.

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  • 1 month ago

    No. Try to stay in both for more than six months a year.


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  • Adam
    Lv 5
    1 month ago

    Regarding IRS & Taxes:

    There are a few different ways to figure if the home you’re currently living in can be considered your primary residence. In order to determine which home should be considered your primary residence, you need to ask yourself the following questions:

    -Where do you receive the bulk of your mail?

    -What address is listed on your driver’s license?

    -Which home is in closer proximity of your employer?

    -What address is listed on your tax returns?

    -Where are your cars registered?

    -Where do the bulk of your family members live?

    After you have answered these questions, you should have a better idea of where your primary residence is.

    Regarding Mortgages with Multiple Primary Residences:

    Source(s): Google is your friend
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