TAX BREAK… vacation your home without reporting the income

According to IRS rules, you can vacation rental your property for 14 days or less without reporting the income.

This TAX BREAK is sometimes called the “Masters exemption” since the homeowners close to the Augusta National Golf Club can earn as much as $20,000 renting out their homes during the annual tournament without having to report the income on their tax return. Some of you can do this if your near home is near the Del Mar race track or basically “anywhere” in San Diego is a vacation home.

Ask your favorite CPA for details