Demystifying Tax Rules for Airbnb Hosts

You may rent out a guest bedroom to short-term tenants through Airbnb or another home-sharing site. If so, it’s essential that you understand the tax rules for using your home to earn short-term rental income. Here’s a tutorial.  Federal and local taxes The IRS has rules regarding the reporting of rental income. Municipalities may have […]The post Demystifying Tax Rules for Airbnb Hosts appeared first on Houseopedia.