Expenses of a vacation home allocated to rental use are deductible for AGI.

Name: Expenses of a vacation home allocated to rental use are deductible for AGI.
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Expenses related to a vacation home that is used for rental purposes can be deducted as a rental expense, which is classified as an above-the-line deduction for AGI. This includes expenses such as property taxes, mortgage interest, utilities, insurance, repairs and maintenance, and depreciation.

Expenses of a Vacation Home Allocated to Rental Use Are