question archive Meredith has a vacation rental house in the Sierra Mountains
Meredith has a vacation rental house in the Sierra Mountains
Subject:LawPrice:2.84 Bought7
Meredith has a vacation rental house in the Sierra Mountains. During the year, she and her immediate family used the house for 12 days for a personal vacation. Meredith spent two more weekends (4 days in total) repairing the deck. The house was rented for 120 days. How should the cabin be categorized this year for tax purposes? Can you explain your answer?
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