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Investors & landlords
If your personal use days go over the 10% or 14 days rule, then the losses are cancelled out and your CPA was right to not claim the loss. It could be you didn't use the vacation part as much this year and do qualify.
Double check your entries for days rented and days of personal use.
For more, see About Publication 527, Residential Rental Property (Including Rental of Vacation Homes). Page 26 begins the vacation/rental section.
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March 5, 2025
12:03 PM