Every Airbnb host's tax guide

"Short-term rental hosts are entitled to many valuable deductions and other tax benefits. This book shows how to make the most out of a hosting business without risking problems with the IRS. Readers will learn everything they need to know about taxes, including: what deductions should be taken; how...

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Bibliographic Details
Main Author: Fishman, Stephen (Author)
Other Authors: Fitzpatrick, Diana (Editor)
Format: Books Print Book
Language:English
Published: Berkeley, California : Nolo, 2020.
Edition:Third edition.
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Table of Contents:
  • Introduction : who this book is for
  • How short-term rental hosts are taxed
  • Tax-free short-term rentals
  • Deducting your expenses : the basics
  • Operating expenses
  • Repairs
  • Deducting long-term assets
  • The pass-through tax deduction
  • Prorating your deductions
  • Reporting rental income on your tax return
  • Filing IRS Forms 1099 information returns
  • Deducting losses for short-term rentals
  • Record keeping.