ColeenD3
Expert Alumni

Investors & landlords

It either is or is not rental property. The only way to exclude it would be to let it for less than 15 days. In that case, you do not report the income in any way.

 

There's a special rule if you use a dwelling unit as a residence and rent it for fewer than 15 days. In this case, don't report any of the rental income and don't deduct any expenses as rental expenses. Tax Topic 415