It is also used as a personal residence by some of the worker-owners.

Any gain or loss on the sale of that property is subject to different rules than a personal residence.

A personal residence is a capital asset to the homeowner.

Robert Reimer took over the concession by 1935 and built a personal residence in 1937.

"We consider it our personal residence, one part of the house, one that you would not walk through."

Frank Kimball first brought novelty and change to the area by building his personal residence.

This article deals with personal residence in a given place.

Rather than selling the home, which will no longer be his personal residence, he chooses to rent it out for a period of time.

In addition, the exclusion is available only for personal residences.

In the late 80s it was sold to the current owners who use it as their personal residence.