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10% of the rental days

Vacation homes provide tax planning opportunities, pitfalls

November 2, 2011 by Douglas Rutherford, CPA

If you own a vacation home, it pays to consider the income tax implications, especially if you plan to use the home for both personal enjoyment and rental income. In some cases, minor adjustments in the way you use the home can reduce your tax bill. 

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Categories Income Taxes Tags 10% of the rental days, 14 days, income taxes, rental property, second home, vacation home

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