Article Date:
August 2013

Word Count:



Repair That Vacation Home

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.1


It’s a personal home when you use the vacation home for personal purposes more than the greater of:2



14 days, or


10 percent of the total days you rented ... 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