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URL:  http://boards.fool.com/and-your-deductions-are-limited-to-your-income-30569174.aspx

Subject:  Re: Depreciating vacation rental Date:  3/1/2013  2:40 PM
Author:  TMFPMarti Number:  117920 of 120819

And your deductions are limited to your income, and nobody I know makes money on these things anyway (even the honest folks), so it's kind of academic.

Doesn't "vacation rental" need a little fleshing out before we know whether such limits apply? If it's a second home occasionally rented out to others, yes. If it's a property in a vacation area held solely for renting out and never used personally, it's like any other rental real estate.

Phil
Rule Your Retirement Home Foo
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