rental income from timeshare

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Original Message:

rental income from timeshare (by Tracey S.):

You get 1099's when renting through a resort or a rental company. Even if you don't receive a 1099 you are required to report rental income which would be the rental fee received minus your MF's and any advertising fees or any other fees you had renting out your unit. For example I rented out a unit and include tickets to a local attraction so I could subtract my cost for the tickets.