Article Date:
October 2006

Word Count:



Qualifying for the 1031 Exchange on a Vacation Home

Tax law makes your vacation home rental either a rental property or a personal residence. Your vacation home rental is a personal residence if your personal use exceeds the greater of 1



14 days, or


10% of the number of days rented at fair rental.

Repair days do not count as days of personal use.2


Example. You have a vacation home at the beach and you use it 14 days every year for vacation and 7 days for repairs. You rent it for 133 ... Log in to view full article.

Log in to view full article
Already a subscriber?
Email Address


Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
with a money-back guarantee