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Deductions & credits
No. You are not entering the house as a rental property and are not collecting rent or preparing a Schedule E for rent. You cannot enter your trip home to PA as a tax deduction. You simply own a "second" home for which you cannot deduct expenses for repairs or improvements. Save the records of anything you do to the home for someday when you sell the house; some of them may count as capital improvements.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎February 5, 2025
9:28 AM