SecondShelters: Do You Rent Your Vacation Home? You Need to Know This One Fact

Share News:

(Photo: Real Estate Center at Texas A&M University)
(Photo: Real Estate Center at Texas A&M University)

“The rules and tax-planning strategies for a vacation home are complex if the home is rented,” says Dr. Jerrold Stern, a research fellow at the Real Estate Center at Texas A&M University.

Truly, that’s an understatement.

More and more people are buying vacation homes thanks to growing employment and stock market gains. And as services such as VRBO, Airbnb, and HomeAway become more popular, more and more people are renting out their vacation homes. Find out what you can do to keep the IRS at bay when tax day comes over on SecondShelters.com.

Posted in
mm

Joanna England

If Executive Editor Joanna England could house hunt forever, she absolutely would. Instead she covers the North Texas housing market and the economy for CandysDirt.com. While she started out with the Real Estate Center at Texas A&M University, Joanna's work has appeared in The Dallas Morning News as well as several local media outlets. When she's not knitting or hooping, or enjoying White Rock Lake, she's behind the lens of her camera. She lives in East Dallas with her husband, son, and their furry and feathered menagerie.

Reader Interactions

Leave a Reply

Your email address will not be published. Required fields are marked *