If you own rental property, classifying it as a trade or business can have an impact on the tax breaks for rental real estate.
Tax Breaks for Rental Real Estate
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If you own rental property, classifying it as a trade or business can have an impact on the tax breaks for rental real estate.
With the rise of VRBO and Airbnb, allowing short-term rentals on a vacation home are becoming more popular. Here’s what you need to know about vacation home taxes.