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How many days can you personally use an investment property?

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  • How many days can you personally use an investment property?

    Just had the partner of a law firm tell me that you can use an investment property for personal use no more than 14 days a year, otherwise you'll get disqualified from treating it as an investment property for tax purposes.

    I've always know that you can't overdo it, but this is the first time that I've heard an exact day limit. Very interesting. This means all those people treating their houses in the Hamptons as investment properties that they themselves use during the summers should be in trouble!

  • #2
    Can someone give me tips on how to start investing in property abroad?

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    • #3
      The 14-day limit for personal use on an investment property adds a new dimension to managing tax implications. It's something worth keeping in mind, especially for those who blend investment properties with personal use.

      And if you're exploring investment opportunities, you might find the country guides on https://www.investasian.com/country-...apan-property/ insightful. They cover various aspects of property investment, and Japan, in particular, has interesting prospects.
      Last edited by Hyperke; 01-20-2024, 04:01 PM.

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