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    Plan Ahead for Vacation Home Rentals

    Vacation Homes, Tax Preparation

    During the summer, taxpayers often rent out their property. They usually think about things such as cleanup and maintenance, but owners also need to be aware of the tax implications of residential and vacation home rentals.

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    Renting a Vacation Home

    Vacation Homes, Tax Rules, Rental Income

    Tax rules on rental income from second homes can be complicated, particularly if you rent the home out for several months of the year, but also use the home yourself. There is, however, one provision that is not complicated.

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