TITLE

CHAPTER 15: Vacation Homes

AUTHOR(S)
Fishman, Stephen
PUB. DATE
November 2013
SOURCE
Every Landlord's Tax Deduction Guide;Nov2013, p347
SOURCE TYPE
Book
DOC. TYPE
Article
ABSTRACT
The article offers information on the rules for vacation home tax. It mentions that the U.S. Congress has determined that vacation homes should not be permitted to deduct depreciation costs and operating expenses for the time used by vacation homeowners as a second home as a personal residence. It states that the rules deman that homeowners apportion expenses between the two kinds of uses if a home is used as a residence and rental property.
ACCESSION #
91736432

 

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