It would be pretty easy for loopholes there. What’s a primary residence? Maybe your primary residence now contains a pub, or a co-working space, or a dance studio. Utilities are included? Well your electrical bill now supports a couple of for-profit electric car charging stations. That’s why they went with the standard deduction in the US.
It would be pretty easy for loopholes there. What’s a primary residence? Maybe your primary residence now contains a pub, or a co-working space, or a dance studio. Utilities are included? Well your electrical bill now supports a couple of for-profit electric car charging stations. That’s why they went with the standard deduction in the US.