September 21, 2010 at 3:32 am
#21943
imported_Raykirk
Participant
From my understanding, a “vacation” home can be claimed as a deduction on your Federal Taxes and it doesn't have to be a “home”. It can be a camp, camper, lot used to vaction, etc. It can also be “rented” at least 15 days out of the year, and used for personal use at least 1 day out of the year, to claim other deductions, maintenance & depreciations. Any one have anymore info on this? Might be worth looking into to save some big bucks next year for “frugals” like myself. Mc39576
I certainly agree with you. It was also my explanation in vacation home. However, we need to ask first the accountant for this.