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OLEGan [10]
3 years ago
11

William just purchased a residential investment property for $225,000. William is 60, married, and will not occupy the property.

Will this new property qualify for a homestead exemption?
Mathematics
1 answer:
vovangra [49]3 years ago
5 0
No, because he has to reside on the property to qualify for a homestead exemption.
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Answer:

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Step-by-step explanation:

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substituting the values of n and p, we will have

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