A bill to repeal the Family Rental/Home Business Tax; to amend the Internal Revenue Code of 1954 with respect to the deduction of certain expenses in connection with the business use of homes and the rental of residences to family members, and for other purposes.

Amends the Internal Revenue Code to extend the business expense deduction to any trade or business conducted in the home of the taxpayer. Eliminates the restrictions on the deductibility of expenses relating to the rental of a residence to a family member.

Permits a taxpayer to make repairs on rental properties on a full-time basis without being treated as using such properties for personal purposes.