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At times during the year, my property is used by family / friends?

April 26, 2017family friends Property times Used year

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At times during the year, my property is used by family / friends?

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A. If you collect rent from them, or accept any form of compensation in lieu of rent, you will be required to file a tax return, and collect the resort tax based upon the rent paid, or upon the fair market value of the compensation received in lieu of rent.