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03-01-2021, 08:35 PM
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Gold member
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Join Date: Feb 2015
Location: Pittsburgh, Cincinnati,Chicago ,buffalo, Asheville ,Pittsburgh
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Quote:
Originally Posted by Papa_lecki
5 IRS Rules for Renting Out Your Vacation Home | Kiplinger
3. If you use the place for more than 14 days or more than 10% of the number of days it is rented -- whichever is greater -- it is considered a personal residence. You can deduct rental expenses up to the level of rental income. But you can't deduct losses.
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Agree
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