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Eliminating Rental Tax Break Won’t Harm the Furniture Market

UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
Andrew C. Brod, Director, Center for Business & Economic Research (Creator)
The University of North Carolina at Greensboro (UNCG )
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Abstract: Recently the Clinton administration proposed eliminating a tax break that benefits some homeowners in the Triad. Currently, income from renting one’s home out for 15 days or less in a given year is not subject to federal income tax. Under the proposal, all rental income would be taxable.

Additional Information

Brod, Andrew (2000). Eliminating Rental Tax Break Won’t Harm the Furniture Market. Greensboro News & Record. March 26, 2000
Language: English
Date: 2000
Rental, International Home Furnishings Market, High Point, Taxes