AirBnB is a great way to generate additional income from your non-occupied rooms. It’s also an excellent investment strategy and can generate higher returns than traditional rentals. But the tax impacts of an AirBnB rental can wipe out your returns.
Today’s podcast is all about AirBnB rental tax advice. We discuss the AirBnB tax implications of renting your space and how to avoid the dreaded self-employment taxes on the rental income you are generating.