How does your vacation home behave for tax purposes?
Is it a second home?
Is it a tax-favored rental property?
Are you taking advantage of the repair-day tax benefit?
Rental Property Rule
When you use your vacation home for both rental and personal purposes, the law classifies your vacation home as either a personal home or a rental property.
It’s a personal home when you use the vacation home for personal purposes more than the greater of:
14 days, or
10 percent of the total days you rented ... Log in to view full article.