They formed a condominium association a legal agreement signed by all six individuals governing maintenance and upkeepcosts for common areas, which include 30 fruit trees, a vegetable garden, an art walk, a casual seating area and a dining table with seating for 12.
If you rent a home out for more than two weeks a year, it becomes a rental for tax purposes, and you can deduct costs for upkeep, such as repairs, utilities and condo maintenance fees.