Question
To be viewed by the IRS as a second home, a vacation home: A. must be owned for at least 2 years. B. cannot be
To be viewed by the IRS as a second home, a vacation home:
A. must be owned for at least 2 years.
B. cannot be rented for more than 14 days per year.
C. must have a mortgage secured by the property.
D. must be actively managed by the owner(s).
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Fundamentals of Investments, Valuation and Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
8th edition
1259720697, 1259720691, 1260109437, 9781260109436, 978-1259720697
