Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
1031 Exchanges
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago on . Most recent reply
![Bruce Harding's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1082155/1621508580-avatar-robertm525.jpg?twic=v1/output=image/crop=2448x2448@0x0/cover=128x128&v=2)
I HavA Property That is A Second Home
I have a property that is a townhouse catagorized as a second home.
After I purchased my wife's son moved in and has been paying rent.
I am wondering is it more beneficial from a tax standpoint to keep the home catagorized as such or switch it to a rental unit for accounting purposes ?
Thanks