Rental tips

[Boardwalk III]

Hi all,

After 20 years as a BWV owner, added on this week for my first contract at VGF Very excited to now have both options, and for some longer split stays. However with our kids now grown, there may be years where I’ll be renting points from one resort or the other.

We’ve had friends and extended family “reimburse“ for parts of a shared vacation before but haven’t been in the rental game, so to speak.

Thus mainly looking for what’s required in terms of tax reporting and if there are any items that are deductible against rental income. Thus if there’s a post on the DIS boards that details some of this I’d love to be pointed in the right direction!

Many thanks

 

[Marionnette]

Hi all,

After 20 years as a BWV owner, added on this week for my first contract at VGF Very excited to now have both options, and for some longer split stays. However with our kids now grown, there may be years where I’ll be renting points from one resort or the other.

We’ve had friends and extended family “reimburse“ for parts of a shared vacation before but haven’t been in the rental game, so to speak.

Thus mainly looking for what’s required in terms of tax reporting and if there are any items that are deductible against rental income. Thus if there’s a post on the DIS boards that details some of this I’d love to be pointed in the right direction!

Many thanks

Start here:
https://dvcfan.com/2022/01/21/do-i-have-to-pay-taxes-when-renting-my-dvc-points/

 

[Boardwalk III]

Perfect, thank you!