Now that the weather is warming up, you might be making travel plans. While you’re away, consider renting your house. You can rent a home for up to 14 days per year without having to declare any taxable income.
If you live in a prime tourist area or near the site of a major sports event such as a tennis or golf tournament, you might be able to collect thousands of dollars for a two-week rental…and not owe a cent in income tax.