Rent out vacation home, get tax-free cash
Owners benefit from short-term leasing
By Tom Kelly, Tuesday, July 18, 2006.Kathy Turner is one of six siblings -- and it's her turn to host the family reunion. Her Michigan-bred gang will be invading the final two weeks of August, taking in the local landmarks the first week, then gathering at a nearby lake for the second half of the trip.
"We have a sort of standing agreement with a few of our lake neighbors to share cabins when big events are on the calendar," Turner said. "We don't charge a fee in return for being able to use one another's place down the road.
more...
Copyright 2006 Tom Kelly
All rights reserved. This article may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this article without permission is a violation of federal copyright law.

