Is there anything legally wrong (assuming I'm not violating a company policy, and I'm reporting taxes correctly) with owning say a VRBO or AirB&B rental property and renting it to myself for travel purposes and receiving an expense reimbursement from my employer (W2 - large company)? I am fully aware of how to legally record this for taxes - I am not asking a financial question.
The situation is that I travel frequently to a city where I own a VRBO rental in close proximity to the company I work for. And VRBO rentals are allowed in our travel policy if they are comparable to hotel rates - preferably lower.
I'm fairly certain I'm not violating a company policy. I see restrictions on things like getting expense reimbursements for private aircraft fuel etc. But, nothing about renting a hotel / house to yourself and expensing it. Is there any other policy I should look for that I might be violating?