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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]We have a lake home that we rent out  and ppl rent it year round[/b] but not so much in the winter. 
We were scheduled to go a couple weeks ago but it was really bad weather so we didn't go. We had invited our friends to go with us.  They do go with us several times in the summer. 
We are not in town (or the state for that matter) this weekend and our friends want to go up and stay, without us. 
We feel funny about it. We haven't received any rental inquiries for this weekend so I doubt it will be rented.
But, I would never ask someone this. 
Is it odd? 
[/quote]

This is an investment property, not a second home. You need the money you make from it, so that's fine if you don't want to let friends use it for free. [/quote]

BTW, OP, if you do let friends or family use this property you will need to report those days on your Federal income tax as "personal use" days.  There is no such thing as a "free" lunch nor are there "freebies" when it comes to using someone else's rental property. [/quote]

Great point!

I can’t understand why people want to go through the hassle of having an out of town investment property just to use it 14 days a year.

Seems like timeshares were made for these types of people.

But then again, I guess it makes you sound more superior on dcum to say you have a “second home” rather than a timeshare (which sounds trashy to the dcum striver set).

But owning an investment vacation property vs paying 100k for a timeshare doesn’t seem to be all that different.[/quote]

A time share? I doubt there is one in my entire state. We use the house 60 days a year I bet. [/quote]

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