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 […]
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
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 […]
Accounting for Influencers: Explained by Experts
The influencer market is booming, turning content creators into entrepreneurs running profitable businesses. But this financial growth means you need good accounting practices. The IRS is watching influencers closely, and […]
Vacation Rental Bookkeeping: Top 6 Tips
Running a vacation rental can be exciting and financially rewarding. Managing the financial aspect of your business is essential, and there is more to do beyond counting the money flowing […]
Student Loan Tax Tips: A Complete Guide
Though student loan forgiveness has been in the news a lot lately, most borrowers are still shouldering significant debt. Though higher education can be a costly investment, there are some […]