Feb 04, 2011

Tax Benefits for Homeowners: Don't Forget the 14 Free Days of Rental Income

Thanks to Stephen Fishman and his column with Inman News for reminding us that the tax benefits of homeownership include not only the often-discussed mortgage interest deduction and capital gains tax exclusion upon sale, but the ability to rent your house to someone else (perhaps a vacationer?) for up to 14 days a year without paying tax on the income. Get the full story and details in his article, "The tax benefits of homeownership."