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URL:  https://boards.fool.com/a-friend-asked-me-if-he-is-converting-a-29819335.aspx

Subject:  Re: Vacation vs residential rental business Date:  2/1/2012  5:02 PM
Author:  TMFPMarti Number:  114834 of 128752

A friend asked me - if he is converting a residential rental house into a vacation rental, is there any difference in tax preparation? Or would the vacation rental still be schedule E for rental income?

For tax purposes there's no difference. If he plans to use the property himself at times he needs to get acquainted with those rules in Pub 527.

Phil
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