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Financial Planning / Tax Strategies


Subject:  Rental Property: Active/Passive Date:  11/29/2012  11:01 PM
Author:  PuddinHead42 Number:  117021 of 130020

Hello board,

I am starting to investigate a VR property and understand that most of the time it tends to generate passive income, thus restricting deductions. Does anyone know if using Home Away to rent it myself qualifies it as active management versus having a local rental company do it? If so, it seems like the ability to write off additional expenses will more than offset the possible decline in rental income.

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