Los Angeles Airbnb Laws: Explained (2024)
Los Angeles is a very attractive market for short-term rentals, as it had over 20,000 Airbnb rental properties at the end of 2019. However, it is crucial for hosts to […]
Author: Miguel Alexander Centeno
- About Miguel Alexander Centeno
- Miguel Alexander Centeno is an author, speaker, and tax leader at Shared Economy Tax. A former Big 4 tax manager, he represents taxpayers in all matters before the IRS, including the U.S. Tax Court. He has been quoted in the Wall Street Journal, Fox Business, and MSNBC on tax related articles and has testified before the U.S. House of Representatives as a part of hearings for the Tax Cuts and Jobs Act. A father of three, Miguel is an avid acoustic guitar player, gravel cyclist and once-a-week yogi.
Posts by Miguel Alexander Centeno
How Fed Rate Cuts Will Shape the Real Estate Market
As we approach the final months of 2024, the Federal Reserve’s interest rate policies continue to impact the economy in profound ways, especially the real estate market. Policymakers are hoping […]
Solo 401(k) vs SEP IRA: What is the Best Choice for Contractors?
Retirement account contributions can provide substantial tax benefits while you work towards retirement. For independent contracts, SEP IRAs and Solo 401(k)’s are two of the most popular options. Both options […]
Statutory Employee Compliance for Small Businesses
Sometimes the line between an employee and an independent contractor can be blurry. It is very important for companies to be aware of this difference, as misclassifying an employee can […]
Should You Claim Real Estate Professional on Your Taxes?
Real estate professionals come in many varieties, but today I’ll examine a more specific use of the term. The IRS offers a real estate professional designation for certain taxpayers that […]
Thriving on Airbnb: Daniel Rusteen and Miguel Alexander Centeno
In this webinar, our Founder & Managing Partner Miguel Alexander Centeno and Account Executive Jacob Burris sat down with Daniel Rusteen, a former Airbnb employee, Superhost, author, and global investor. […]
What is the Penalty for Filing Taxes Late?
Tax deadlines can cause a lot of anxiety, especially for small business owners and independent contractors. Fortunately, you have some options if you think you will miss the deadline. In […]
Can Airbnb Hosts Claim a Home Improvement Tax Deduction?
If you’re a homeowner, deducting the cost of repairs or improvements to your home could yield substantial tax savings. However, whether you can deduct these expenses depends on your circumstances. […]
6 Tips for Short-Term Rental Renovation and Design
In the competitive world of short-term rentals (STRs), the design of your property can make all the difference. An appealing, functional space not only attracts more guests but can also […]
Is Cost Segregation For Businesses Worth It?
There are many new tax benefits available for small businesses, but companies need to ensure that they are fully taking advantage of these new laws. One effective strategy that companies […]