Timeshare rentals and the IRS

When are you responsible to the IRS for renting out a timeshare week? Any information will be helpful! Thank you

You should report the income as rental income. However, you would most likely be able to deduct the annual maintenance/fees (depending on what year you paid them in.

check out this link: https://www.redweek.com/resources/articles/tax-aspects-renting-timeshare

Are there any exceptions where you don't need to report rental income?

adrianes9 wrote:

You should report the income as rental income. However, you would most likely be able to deduct the annual maintenance/fees (depending on what year you paid them in.

check out this link: https://www.redweek.com/resources/articles/tax-aspects-renting-timeshareSquid Game Online

Is this collection report calculated for this year or last year?