Jan 20, 2020 | Airbnb Taxes, Tax Tips
As a short-term rental host with Airbnb, VRBO or HomeAway, you must learn about the possible tax implications of your side gig. In most cases, you’ll be required to pay tax on your short-term rental income. As a result, tax planning is a must if you want to...
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Jan 16, 2020 | Airbnb Taxes, Tax Tips
Airbnb has proven to be an excellent way for many people to generate income. What is really great about Airbnb is it allows you more freedom and flexibility. You can rent out your property as much as you want to. This creates a substantial full time or part-time...
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Jan 16, 2020 | Tax Tips, Turo Taxes
Now is a good time to start thinking about your taxes, especially if you are self-employed. It really is never too early to start planning for taxes. The most well-thought tax planning strategies typically yield the biggest tax savings. As a Turo fleet owner, or if...
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Jan 16, 2020 | Airbnb Taxes
No matter where you host your Airbnb property, you’re responsible for paying rental taxes and following short term rental laws. These regulations vary by region, so you’ll have to research your city or town to see where your business fits in. However, we...
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Jan 13, 2020 | Legal, Tax Tips
Tax season proves to be a busy time of year for many people. As you are gathering your important financial information, it may also be a good idea to obtain a copy of your previous years tax transcript. It is also a best practice to confirm that the information...
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Jan 10, 2020 | Airbnb Taxes
Airbnb has revolutionized the way we travel. With its increase in popularity, other similar sites like VRBO and HomeAway have popped up. For travelers, hosting sites are great because they offer more variety and affordable prices. For hosts, it is a great way to make...
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