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About: Vacation home deductions     Goto   Sponge   NotDistinct   Permalink

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In United States federal income tax, a Vacation home deduction is a tax deduction to be claimed on an individual taxpayer's vacation home. This deduction is limited under law. Generally, a taxpayer may not deduct expenses related to a vacation home since the owner uses the property for personal enjoyment. However, a taxpayer may claim limited deductions on a vacation home if the taxpayer uses the property as both a vacation home and rental property.