Have a Tax Question? Ask a Tax Expert
Welcome to Just Answer. I am here to help you resolve your tax and finance concerns. Please feel free to ask anytime you need extra help.
1.Correct, as long as the rental period is for less than 15 days.
2.No, the state returns start with Federal income so there will be no reporting if the rental is for less than 15 days.
3.No income maximum or minimum, just the less than 15 day rule.