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Primary Rental Use Property

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    #1

    Primary Rental Use Property

    Scenario:

    I have a client with a 2nd home. Purchased for $100,000 in march of 2000. The home is used when they go on their ski vacation....in which they occupy for a week...they rented it for 72 days.

    Can someone please direct me to where I can figure the depreciation on this home....
    Shawn D. Miller
    Atlanta, GA

    "If you stand on the shoulders of a giant...you will see further than a giant!"
    Tags: None
    #2
    TheTaxBook, page 7-6 gives you all the details of how to handle mixed-use property.

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