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Subject:  Re: House Swapping Date:  7/13/2019  8:03 AM
Author:  aj485 Number:  129489 of 130422

So since we don't rent our properties, this would imply that house swaps may not be a taxable event. That would change if we rented them out.

The issue that I see with this is that there is already an exception built into the tax code for renting out your personal residence, which is the 14 day or less exemption that Peter mentioned. There could be an argument that allowing someone else to use your house for more than 14 days is a rental that needs to be reported, since you are receiving something of value for that use.

I would also suggest that you pay close attention to a part of the article that you quoted: If two parties trade computers of equal value, for example, this may not be taxable – especially if neither party is in the business of selling computers.

If your house would rent long-term for, say, $2000 a month, and the house that you are staying in would rent long term for something other than $2000 (be it more or less), then it's not really trading something of equal value, so it's not a true barter.

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