Many of those who live in the Piedmont Triad have second homes at the beach or in the mountains that they rent out and use themselves for vacations. There are specific tax rules covering this type of rental and some changes that came into effect with the Tax Cuts and Jobs Act. This article addresses second home rental issues.

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If you have any questions about how TCJA changes affect your income reporting, don’t hesitate to contact your tax advisor at Sharrard, McGee & Co., PA. Call (336) 884-0410 in High Point or (336) 272-9777 in Greensboro.