Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Law
Section 280a: Vacation Home And Rental Property, Craig Teller
Section 280a: Vacation Home And Rental Property, Craig Teller
Akron Law Review
In addition to the personal and business use of a unit, the rules under Internal Revenue Code Section 280A ("280A") also cover situations such as time-sharing arrangements, rental pools, shared equity financing deals and office-at-home deductions. Though 280A applies to individuals, partnerships, trusts, estates, and S Corporations, this comment assumes the "taxpayer" to be an individual taxpayer. This author will first analyze 280A to provide general guidance in the rental of a unit. After the overall analysis, the author will focus on the following rental situations:
- Analysis of Personal Use.
- Analysis of Rental Use.
- Further Analysis of Allocating Rental & …