Vacation Homes After Tax Reform: Rental vs. Personal Property, Maximizing Expenses, Conversions, Personal Use
Note: CLE credit is not offered on this program
Recording of a 110-minute CPE webinar with Q&A
This webinar will present tax advisers with a thorough look at the tax implications of buying and renting vacation properties. Understanding how to maximize deductions for vacation homes, selling strategies and the impact of tax reform on these properties can make them worthy investments. Our panel of experts will explain how to optimize the tax benefits of vacation home ownership.
Outline
- Classifications of vacation property
- Rental
- Mixed-use
- The effects of tax reform on vacation homes
- Selling a vacation home
- Converting a vacation home to a personal residence
- Strategies for keeping it in the family
Benefits
The panel will review these and other important issues:
- Differences between rental properties and vacation homes
- The impact of tax reform on vacation homes
- Strategies to maximize expense deductions on vacation homes
- When and how to convert vacation homes to rental property
- Selling strategies to minimize gains
Faculty

Nicolas Camargo
Senior Attorney
Foster Swift Collins & Smith
As a former prosecuting attorney, Mr. Camargo has established himself as an accomplished litigator with over 14 years... | Read More
As a former prosecuting attorney, Mr. Camargo has established himself as an accomplished litigator with over 14 years of courtroom experience. His extensive courtroom experience has translated to the civil world, where his comfort and experience in a courtroom, and before both judges and juries, provides him an invaluable asset when litigating claims on behalf of his clients. Mr. Camargo has litigated a wide range of matters, from will contests and trust disputes, to construction law claims and business shareholder and partner disputes.
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Cliff Capdevielle
Managing Attorney
Moskowitz
Mr. Capdevielle has been developing sophisticated tax planning strategies and resolving tax disputes for clients more... | Read More
Mr. Capdevielle has been developing sophisticated tax planning strategies and resolving tax disputes for clients more than two decades. As lawyer, accountant, longtime instructor and adjunct professor, Mr. Capdevielle formulates strategies to utilize the ever-changing array of federal and state tax laws – and relevant treaties – to clients’ benefit. This includes comprehensive counsel to businesses adapting to sweeping tax law changes enacted in 2017, and ongoing work with business owners and other individual taxpayers seeking to preserve assets through trust and estate planning.
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