Category: about renting your home

There are many reasons that Lake Tahoe homeowners will decide to rent out their vacation property. Many people purchase a second home for retirement and won’t need full time access for several years. Others need to offset the cost of owning a second home and rent their property to recoup their expenses. There are tax considerations when purchasing a property that you will be renting part time, so it is important to consult with your tax advisor prior to making a purchase.