Tag Archives: Rental Property

Thinking of Converting Your Home to a Rental? Read this First

If you are considering converting your home to a rental, there are a number of tax issues you need to consider before making a final decision.

What You Should Consider Before Converting Your Home to a Rental

One of the first issues to consider is that by converting your home to a rental, your main home that is, you may give up an opportunity to realize tax-free income. Currently, taxpayers are allowed to Continue reading

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Vacation Rental Tax Rule Exceptions

Do you own a vacation rental? Do you use a rental agent or online rental service?  Do you rent out a first or second home for extra income? Websites, such as Airbnb, VRBO and HomeAway match property owners with prospective renters; however, there are some special tax rules may apply to you.

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