We are in what you can call a Sharing Economy boom. It seems like every other day, new Sharing Economy platforms are popping up. These innovative companies are addressing issues that real people have and providing smart and efficient solutions. In addition to providing solutions, the are also providing opportunities for everyday people to generate […]
Tax Mistakes To Avoid – Get Your Taxes Right The First Time
If you participate in the Sharing Economy, be it opening up your home on Airbnb or sharing your car on Turo, you know that it can be very rewarding. While you may enjoy running your business, the bottom line is you are generating an income. This income, regardless of if it is part time or […]
The Effects Of AB5 On Freelancers
AB5 has sparked a lot of publicity over the last several months. Ever since the Dynamex decision of 2018, there has been a lot of back and forth between independent contractors, those wanting full-time employment, and gig economy giants like Uber and Lyft. However, the reaches of AB5 extends further than just the ridesharing economy, […]
Sharing Economy Tax Tips – Get The Most Out Of Your Tax Pro
Many people only associate their tax advisor with tax preparation. However, the benefits of working with a tax advisor go well beyond tax preparation, especially for your Sharing Economy business. Whether you are full time or part time in your Sharing Economy business, having the right support when it comes to finances and taxes is […]
The Best Way To Pay Your Sharing Economy Taxes
Your tax bill can be a real pain. You spend all of this time gathering your information, meeting with your tax professional, crunching numbers, preparing them, filing them, and in the end paying them, it takes a lot of energy and for some stress. Nobody likes to pay taxes, and the fact that the tax […]
The Jackson Hole Airbnb Market
Jackson Hole Wyoming, where the buffalo roam, the deer and the antelope play, and the rich and affluent flock for some much needed peace and quiet. Known for its breathtaking landscape and luscious winter powder, Jackson Hole is a hotbed for potential when it comes to Airbnb hosting. It’s remote location may not seem like […]
When Opportunity Knocks – The Opportunity Zones Program For Real Estate Investors
Looking for a way to do a little good and lower your tax obligation? Have you heard of Opportunity Zones? The Opportunity Zones Program is a lesser known part of the Tax Cuts and Jobs Act that was passed in 2017. While everyone was paying attention to the cuts themselves, the Opportunity Zones Program slid […]
Peer-To-Peer Car Sharing Founder Jessica Scorpio From Getaround
Getaround is one of the best known car sharing or peer-to-peer sharing companies out there. It allows people to rent someone else’s car for a short period of time, and car owners to rent their car and make an extra income. As society becomes more focused on a sustainable lifestyle and more conscious of their […]
Should I Be Paying Quarterly Taxes for My Business?
If you participate in a shared economy or peer-to-peer business, you may be faced with certain tax uncertainties. Many people get involved with shared economy businesses like Airbnb or Turo to make extra income. And while they may be aware that they owe taxes on that extra income, they may be unsure of the specifics. […]
10 Tips and Tricks for Getting Found More Often on Airbnb
Guest blog post by: Evian Gutman Evian is the Founder & CEO of Padlifter – the one-stop-shop for getting found more often, winning more bookings and making more money on Airbnb. He is the author of the best-selling book ‘The Definitive Step-by-Step Guide to Making Money on Airbnb’ and is an Airbnb Superhost that has […]