What is the name of your state?ca
My wife owns property overseas (apt in condhotel). We use it as a second home basically for 3-4 months a year, and it has not been our intention to rent it the rest of the time.Last year however we let a friend of family use it for 15 days at around $45 a day. Can this just be entered on tax return as miscellaneous income ?
My wife owns property overseas (apt in condhotel). We use it as a second home basically for 3-4 months a year, and it has not been our intention to rent it the rest of the time.Last year however we let a friend of family use it for 15 days at around $45 a day. Can this just be entered on tax return as miscellaneous income ?