2012-07-26 / Local News
IRS: Vacation Rental Revenue Reportable
Income that you receive for the rental of your vacation home must generally be reported on your federal income tax return. However, if you rent the property for only a short time each year, you may not be required to report the rental income. The IRS offers these tips on reporting rental income from a vacation home such as a house, apartment, condominium, mobile home or boat:
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