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 such as mortgage interest, property taxes, insurance, utilities, repairs, and depreciation can be allocated based on the amount of time the vacation home is rented out and are deductible for Adjusted Gross Income (AGI). However, expenses that are solely for personal use are not deductible.

Expenses of a Vacation Home Allocated to Rental Use Are