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Main Home

The place where one lives most of the time. The main home is important to persons who own multiple properties because vacation homes and investment properties are taxed differently than the main home. In particular, one is not required to pay capital gains tax on the sale of a main home, provided one then buys another main home of equal or greater value. A main home is also called a principal residence.

Main Home

See "principal residence," defined elsewhere in this glossary.

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principal residence			Andrew Dismore reportedly claimed Au34,000 in second home expenses for a west London flat, which hosts his girlfriend's homeopathy surgery, while declaring a property just a few miles away in his north London constituency as his main home. Standards committee MP questioned over expenses by Independent Television News Limited (ITN) Andrew Dismore reportedly claimed pounds 34,000 in second home expenses for a west London flat, which hosts his girlfriend's homeopathy surgery, while declaring a property just a few miles away in his north London constituency as his main home. MP quizzed by Evening Chronicle (Newcastle, England) 19 (ANI): Britain's first female Muslim peer, Baroness Uddin, claimed 100,000 pounds in parliamentary allowances by registering her main home, a property that she barely occupied. UK's first female Muslim peer baroness claimed 100K pounds in ... by Asian News International			Mad Hatter Made-to-Measure Tariff Madison Avenue Madrid Stock Exchange MAF Mag Mag Track Maggie Mae Maghreb Permanent Consultative Committee Maghreb States Magic of diversification Magnata magnet store Magnuson-Moss Warranty Act Magnusson-Moss Act MAI maid's quarters Mail Delay Mail Float mailbox rule Mailer's Technical Advisory Committee Mailing Date Mailroom Main d'oeuvre non qualifiee Main en tierce Main Home maintenance Maintenance and Replacement Call Maintenance Bond Maintenance Call maintenance fee Maintenance Margin Maintenance Margin Requirement Mais-valia Major Bracket Major Currency Major Market Index Major Turn majority Majority Shareholder Majority Stake Majority Stockholder majority voting majority-owned subsidiary Make a Market Make It Rain Make Whole Call Provision Make Whole Provision Make-Up Make-Whole Call Provision Makegood			Main Frogans Network Main Fuel Control Main Fuel Shutoff Valve Main Fuel Trip Main Fuel Valve Main function (programming) Main Function Unit Main Gas Line Main gauche Main gauche Main Gear Box Main Generator Main Geophysical Observatory Main Geophysical Observatory Main Grocery Buyer Main Ground Bus Main Group Chemistry News Main Group Inc Main Gun Signature Simulator Main Gun Weapon Explosive Signature Simulation main haulage main haulage conveyor Main Hawaiian Islands Main Headquarters Main Heat Transport System Main High Voltage Power Supply Main Home Main Homes Main Hoon Na main idea Main Incidents List Main Industrial Groupings Main Ingredient Main Injector Main Injector Neutrino Oscillation Search Main Injector Neutrino Oscillation Search Main Injector Neutrino Oscillation Search Main Inlet Valve main instruction buffer Main Instrument Panel Main Instrument Unit Main Instrument Vendor Main Instrumentation and Controls Contractor Main Interconnect Board main interest main item main joint Main Justice Building Main Khiladi Tu Anari Main Landing Gear Main Landing Gear Door Main Landing Gear Tire Main Lemniscal Line Channel

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