Oct 11, 2018 | Airbnb Taxes, Tax Tips
Understanding the tax consequences of renting property on Airbnb and VRBO is not exactly a straightforward process. Whether or not you will need to pay taxes depends on how many days you rent your property during the year, how much you earn, and where your property is...
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Aug 2, 2018 | Airbnb Taxes, Legal
New York City just passed a new law that further restricts how Airbnb hosts can operate, thus excluding many potential short-term rental hosts in the Big Apple. The law, which passed 45-to-0 in a city council vote, requires Airbnb to disclose information on all NYC...
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Jun 23, 2018 | Airbnb Taxes, Legal
Life is short. Although thinking about the what happens when you or loved ones pass away, forcing yourself to do it ahead of time will make things much easier for your loved ones when it comes dealing with your finances and assets. It is the responsible thing to do....
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Apr 4, 2018 | Airbnb Taxes
For those Airbnb Hosts who also own their home, depreciating your property can be an advantageous tax deduction that will reduce your taxes. This article provides you with the knowledge necessary to take the depreciation deduction. What Is...
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Mar 1, 2018 | Airbnb Taxes, Rideshare Taxes, Tax Tips
With the passage of the Tax Cuts and Jobs Act of 2017, 2018 brings a number of tax changes for both individuals and businesses. For 1099 contractors, it is especially important that you keep up with these changes so that you can ensure that your taxes are properly...
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Jan 31, 2018 | Airbnb Taxes
As a follow on to our post What is a 1099 and Why Does it Matter, we thought we’d publish a short post on receiving 1099’s and filing 1099’s for homesharers, which are due January 31 for the previous year. RECEIVING 1099’S For...
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