How To Increase Deductions On Your Vacation Or Other Home

If your property qualifies as a “residence,” you face the strictest limits of the vacation home rules. Your property is a “residence” if you use the rental property for personal use for more than the greater of

• 14 days in the year or
• 10 percent of the days during the year in which you rent the unit at a fair rental price.

The good news is that we have a tax reduction technique that was approved by the Tax Court, as well as by the Courts of Appeal in the Ninth and Tenth Circuits, that could apply to your vacation home.

Let’s set a time to discuss the possibility of reducing your taxes on your vacation rental. If this sounds good to you, please schedule your free strategy session by clicking the green “Schedule Now” button.