As a short-term rental host, you're entitled to many valuable deductions and other tax benefits. This book--the first of its kind--shows you how to make the most of your hosting business without risking problems with the IRS
Learn everything you need to know about taxes, including:
deductions you should be taking how to report your short-term rental income how to deduct losses and vacation home and tax-free rental rules.
Whether you rent your property through Airbnb, FlipKey, TripAdvisor, Craigslist, or VRBO, you want to make sure you understand these tax rules, including the new 20% pass-through deduction.
This edition includes comprehensive coverage of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).