residential loan
Defined in 1 place of the United States Code.
For purposes of this paragraph, the term “residential loan” means any loan described in clause (v) of section 7701(a)(19)(C) but only if such loan is incurred in acquiring, constructing, or improving the property described in such clause.
Source
- 1996–present26 U.S.C. § 593Internal Revenue Code · Reserves for losses on loans · under this section