What You Should Be Aware of as a U.S. Vacation Property Owner
October 22, 2015
U.S. taxpayers are subject to taxes on their worldwide income, even income that is not reported on a tax slip (e.g. cash tips). Similarly, income from the rental of vacation homes may need to be reported as well. The tax rules may be further complicated in the case of non-resident U.S. vacation property owners. Therefore,...