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Renting Out Your Vacation Home -- What Are the Tax Rules?

The Huffington Post - 6 Aug 2014 23:44
Renting Out Your Vacation Home -- What Are the Tax Rules? Dear Carrie, My husband and I are considering buying a small vacation home and are also contemplating renting it out part of the year to help cover the cost. Can you explain the tax rules for rental income, and are we entitled to any tax deductions? -- A Reader Dear Reader, This is a really timely question. Renting vacation homes, or even a part of your primary residence, is becoming more common thanks to a variety of online sites that make it easy to market property and attract renters. But jus...
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