If you own a second home, you probably can deduct your outlays for mortgage
interest and property taxes, just as you can for your primary residence.
Moreover, you can rent a home–including a vacation home–for up to 14 days
a year without having to report any rental income. (You can’t claim
rental-related tax deductions, though.)
This might be a lucrative opportunity if you own a place near a major sports
event. Also, resort homes may command high rents, tax-free, for summer fun
or winter sports. However, if you go over the 14-day mark, all the rental
income must be reported. So it probably doesn
