A vacation home is deemed a second home so long as you rent it no more than ________ per year.

Question

Quizplus · Accepted Answer

According to IRS rules, if you use the property for 14 days or 10% of the total days it is rented out (whichever is greater), then it is still considered a second home and you can still deduct mortgage interest and property taxes on your tax return. However, if you use it for more than 14 days, then the property is considered a personal residence and the deductions might be limited.

A Vacation Home Is Deemed a Second Home So Long