Talk of The Villages Florida - View Single Post - TV Absentee Landlords
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Old 08-19-2008, 06:48 PM
wlou wlou is offline
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Default Re: TV Absentee Landlords

Tax advisor ( from 2 years ago!) said, 14 days personal use, then a small min for Maint.., BUT , he did say the IRS was VERY sticky with that..he said if you are found to have used the home more than 14 days in a calendar year, the IRS would ask for all kinds of receipts and they are extremely strict with that.Also said, be very careful if a friend, or non business person was your caretaker, questionable in their eyes....So, first hand knowldge? I have none, just what this fella told us, .. so if anyone out there knows FIRSTHAND, lets hear from ya! There must be some CPA'S on this board, active or retired...