Tax Consequences of a Vacation Home Rental

Tax Consequences of a Vacation Home Rental
Last week we discussed rental properties. Today, we’re talking poo. No, wait, that was the conversation the doctor had with my five year old this morning. Not pleasant, and made me never want to eat mashed potatoes again. On the site, we’re discussing something that’s (hopefully) ess smelly: the tax consequences of Vacation Home Rentals. Handling Those ...

Cracking The Secrets to Rental Property Tax Deductions

Cracking The Secrets to Rental Property Tax Deductions
A few weeks ago, a friend of mine asked me to compare some of the tax and economic consequences of purchasing a house under various situations. It was a great idea. As I started writing, though, I realized that I should probably touch on the tax consequences of each scenario first before I tried to compare them all. Especially since one ...