YOu need to provide a bit your detail. In tax parlance the term "seasonal rental" doesn't exist. There's short term rental and long term rental. The definition of short term rental depends on your state, and the definition of a short term rental can be further narrowed by the locality of the property. I can pretty much figure out that at best, you're looking to rent it for 6 months a year at most. But will you be renting it on a weekly basis? Monthly basis? Something else? When it's not a rental, then what will you be doing with the property? Using it as a primary residence? 2nd home? vacation home? Something else?
THis matters because in some states and locales your "businesss" could be classified the same as a hotel or B&B and taxed as such. Here's some data that may help. Under most circumstances all rental income and expenses is reported on SCH E. But there are exceptions.
- If you provide services to tenants on a recurring basis then you may be classified as an active business. For example, if you provide room cleaning services, shopping services, meals, turn down services or something of the such on a recurring basis then you are running an active business that gets reported on SCH C. Note that if you are paying a third party to provide these services, then it's still you providing those services, even though you may not be the one performing the services on a regular basis.
