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Selection of Most Representative Comparable Replacement Dwelling for Computing a Replacement Housing Payment 1. Agency OMB Approval No. 25060016 (exp. 07/31/2008) U.S. Department of Housing and Urban

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What is comparable replacement dwelling?

Comparable replacement dwelling refers to a property that is considered to have similar value and characteristics to the property being replaced for the purpose of calculating property taxes.

Who is required to file comparable replacement dwelling?

Property owners who have replaced their property and wish to claim a property tax benefit under certain circumstances are required to file a comparable replacement dwelling claim.

How to fill out comparable replacement dwelling?

To fill out a comparable replacement dwelling form, you need to provide information about the property being replaced, the replacement property, and other relevant details as required by the tax authorities.

What is the purpose of comparable replacement dwelling?

The purpose of comparable replacement dwelling is to determine the taxable value of a newly acquired property by comparing it to the property being replaced, and potentially provide a tax benefit to the property owner.

What information must be reported on comparable replacement dwelling?

Information such as the address and description of the property being replaced, the address and description of the replacement property, acquisition dates, and any other required details as specified by the tax authorities must be reported on the comparable replacement dwelling form.

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