General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
Short Term Rental of Owner Occupied Property
I travel quite often for work (6-8 months out of the year). Am I able to rent my home if I purchased it as an owner occupied property? It'd be 1-3 month lease terms depending on my work assignment. I've seen online that theres a "10%" rule where if you spend at least 10% of the calendar year in your house you can claim it as your residence for taxation purposes. Does this apply? Also I've owned the property for less than a year at this point.