Two week rental loophole

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Sandy Botkin
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Two week loophole: If your total rental period is for 2 weeks or less, 100% of the rental income is tax free. Thus, if you were to rent out your home for the Olympics for two weeks to NBC and charge $25,000 a week, the total $50,000 is tax free. Caution: Since the rent is tax free, you are limited in the rental deductions too.

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