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Qualified acquisition costs

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Sherryl

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Post Posted: Mon Oct 31, 2011 11:08 pm    Post subject: Qualified acquisition costs
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What is included in Qualified acquisition costs?
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sara
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Post Posted: Mon Oct 31, 2011 11:25 pm    Post subject:
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Hi Sherryl,

Qualified acquisition costs will include the costs of buying, building, or rebuilding a home. Apart from that, it will also include any usual or reasonable settlement, financing or other closing costs.

Take care
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