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vacation homes

Ask the taxgirl: Vacation Rentals

21 March 2008

Taxpayer asks:
I have a question. I have been reading that you can deduct the cost of vacation homes or second homes. Each summer, our family rents out a beach home. Can we deduct this on our taxes?
(I love your site – you’re very funny!)
Taxgirl says:
Thanks for the nice compliment about the site. [...]

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