### Question
How does the law define qualified rental period?


### Answer
Under *26 U.S.C. § 280A*, **qualified rental period** is defined as:

> a consecutive period of—


(i) 12 or more months which begins or ends in such taxable year, or


(ii) less than 12 months which begins in such taxable year and at the end of which such dwelling unit is sold or exchanged, and


  

for which such unit is rented, or is held for rental, at a fair rental

#### Citation:
  - *26 U.S.C. § 280A*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART IX-ITEMS NOT DEDUCTIBLE**

