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...IF treated as a business rather than mostly personal use with a couple of weeks rental, files a schedule C. To be treated as a business, personal use must be limited to two weeks or 10% of time rented, whichever is greater, and no deductions, including depreciation, can be made for that personal use time.

I also meant to add that time spent at the rental for work purposes, if it is cheaper to stay there than grab a hotel or return home, is not considered personal time. And the rules are fabulously in the owners favor, such that I suspect all our time at the VR will be "work" time. The book I recommended goes into how to put these work rules to your advantage, how to document your work time, and it's worth picking up the book just for that. Plus, the book cost is tax deductible. It is much cheaper at Amazon than in the bricks and mortar stores.

obviously a fan of this book
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