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February 23, 2025
Question

do I have to report 1099-k income from renting my timeshares? They were rented for less than 15 days. Where can I find the answer in from the IRS documents?

  • February 23, 2025
  • 1 reply
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There were two separate timeshares each rented for 7 days.

    1 reply

    February 23, 2025

    No, you do not need to report this rental income.

     

    The IRS says in this document:

     

    There's a special rule if you use a dwelling unit as a residence and rent it for fewer than 15 days. In this case, don't report any of the rental income and don't deduct any expenses as rental expenses.

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