Tax Deductions for Vacation Homes

May 20th, 2015 Categories: Random Thoughts

A vacation home offers a break from the daily grind, but it can also offer a break from taxes. The IRS allows most owners to lower taxable income by taking tax deductions for vacation homes. What’s deductible depends on a number of factors, especially how often you visit and whether you allow renters. Read the rest of this entry »

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