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Old 04-15-2010, 09:40 PM
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My rental expenses for renting primary home

I have to rent out my home for 4 months to go back east to take care of my parents. Can i deduct the expense of renting a home back east to offset the income i get for renting out my house??



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Old 04-16-2010, 01:48 AM
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No, the rental expenses in the East Coast would not be offset against your rental income obtained from renting your resident in the West Coast!

The Rental property is a passive activity whose net income can only be offset against other passive activity losses! Renting out a house in the East Coast is a personal expense and not a passive activity!

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