Renting Your Vacation Home: Tax Benefits and Challenges by Joanie B. Stein, CPA
Posted on June 14, 2017 by Joanie Stein
Purchasing a vacation home provides an individual with a place to get away and relax as well as an opportunity to generate significant cash flow when they rent out those properties throughout the year. However, the IRS will generally consider the rent paid by tenants to be taxable income to the owner and potentially subject to […]