How to Become an Airbnb Superhost
According to AirDNA, Airbnb Superhosts earn 60% more revenue than the average rental operator on the platform. With numbers like that, it’s no surprise that many hosts are eager 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
The Top-6 Short-Term Rental Tax Benefits
When you use your home as a short-term rental property, there are many tax breaks you can benefit from. These deductions and incentives allow you to effectively reduce your costs […]
2020 Tax Changes For 1099 Independent Contractors
If you work as an independent contractor or are self-employed it is important to stay up to date on the latest tax changes. As we start gearing up for tax […]
Tax Implications of Renting Your Primary Residence
The cost of homeownership is rising, but many homeowners are offsetting the increasing costs by renting parts of the home. Renting your home is a great way to earn extra […]
Watch Out for These Airbnb Scams by Guests
In the realm of short-term rentals, Airbnb hosts must be vigilant about scams. We put together this helpful guide to Airbnb scams by guests to equip you with the knowledge […]
Rental Property Tax Deductions for Airbnb Hosts
Airbnb has helped thousands of Americans tap into the short-term rental market, and many hosts have turned their side hustle into a full-time business. As with any business, getting the […]
What is a Qualified Personal Residence Trust
In estate planning, one effective way to minimize taxes is through a Qualified Personal Residence Trust (QPRT). This trust offers a chance to reduce the taxes owed on your home, […]
Can I Write Off Rent as a Business Expense?
Whether you have a home office or are renting a commercial building, you may be wondering if it’s feasible to write off rent as a business expense. For business owners […]
Airbnb Rental Arbitrage: Explained By Pros
Airbnb rental arbitrage has emerged as an intriguing option in the shared economy space, promising potentially lucrative returns with strategic planning. But as with any venture, it’s a balance of […]
How to Avoid Depreciation Recapture
Selling a business asset may feel like a win, but have you considered the tax implications? In this article, we break down the nuts and bolts of depreciation recapture and […]