Sec. 2. As used in this chapter, "residential builder" means a person that builds any of the following for sale in the ordinary course of the person's trade or business: (1) Single family residences. (2) Single family townhouses. (3) Single family condominium units. As added by P.L.175-2011, SEC.2.
"Residential builder"
Ind. Code § 6-1.1-12.8-2, under Chapter 12.8. Deduction for Residence in Inventory.
Ind. Code § 6-1.1-12.8-2