Every Airbnb host's tax guide
Edition
7th edition.
Publication Information
Berkeley, California : Nolo, [2025]
Physical Description
212 pages : illustrations ; 23 cm
Summary
"There are over 2.9 million Airbnb hosts in the United States. This book gives them the tax knowledge they need now more than ever. The new edition has full coverage all the tax changes brought about by the Coronavirus relief legislation passed by Congress, including new sick leave and family leave tax credits for self-employed hosts, employee retention credit, and tax-free treatment of landlord PPP loans. These new tax breaks can save hosts thousands." --
Notes
Includes index.
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.