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Residence definition. Susan owns a houseboat. During the year, Susan and her friends partied on the houseboat for 2 0 days and went home at
Residence definition. Susan owns a houseboat. During the year, Susan and her friends partied on the houseboat for days and went home at : pm each night. She rented out the houseboat to strangers for overnight trips at full rental rates for days. She also rented out the houseboat for overnight trips to her friends at a discount for days. None of these days overlapped eg strangers did not move out on the same morning when friends moved in in the afternoon To determine whether the houseboat is a residence for tax purposes, how many personal use days and how many rental use days were there?
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