February 3, 2019

When you own a second home such as a beach house, ski cabin, or other property and you both rent it and use it for personal use, the vacation home rules limit the deductions you can take for your rental expenses.

If your property qualifies as a “residence,” you face the strictest limits of the vacation home rules. Your property is a “residence” if you use the rental property for personal use for more than the gr...

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