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...
| Main Author: | Fishman, Stephen (Author) |
|---|---|
| Other Authors: | Fitzpatrick, Diana (Editor) |
| Format: | Books Print Book |
| Language: | English |
| Published: |
Berkeley, California :
Nolo,
2020.
|
| Edition: | Third edition. |
| Subjects: |
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.