Tax Deductions for Vacation Homes

You can rent out a vacation home for as many as 14 days per year without paying taxes on your rental income.

Tax Deductions for vacation homes vary greatly depending on how much you use the home and whether you rent it out. Effort: Med 2 hrs/wk (manage property) Saves: Med $488 (on $100,000 AGI)   A vacation home offers a break from the daily grind, but it can also offer a break from taxes. The IRS […]