Friends and fans are hurting over the loss of Prince, but his family is heartbroken.. His second ex-wife, Manuela Testolini, is opening up about their relationship. Despite the fact that their marriage didn't last, Prince and Manuela remained very close friends who always kept in touch. Prince and I had a magical journey together and I loved him immensely. The world knew him as a musical genius - I knew him as a husband, friend and fierce philanthropist, Testolini, founder of In a Perfect World Foundation, tells E! News in a statement.
Even if you rent it out for $10,000 a night, you don't have to report the rental income as long as the home was not rented out for more than 14 days. The house is still considered a personal residence, so you can deduct mortgage interest and property taxes under the standard second-home rules. 2. You rent out the property for 15 days or more, and use it for less than 14 days or 10% of days the home was rented.
There might be a tax advantage for financing your motorhome. For most motorhome buyers, the interest on the loan is deductible as second home mortgage interest. To qualify, the motorhome must be used as security for the loan and must have basic sleeping, toilet and cooking accommodations.