Airbnb - Spidell

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Message Board Airbnb

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    • #187466
      Anonymous
      Member

      Is there a separate code section to review for airbnb rentals or just following the rental property rules – (as in IRS pub 527?)

    • #187514
      Mike Giangrande
      Participant

      Publication 527 should provide the information you need. Depending on the use of the Airbnb, you would either treat the rental as an ordinary rental, a vacation home rental, or potentially a schedule C business (if you are treating it more like a bed and breakfast).

    • #188586
      Mark Bole
      Participant

      I don’t understand why anyone ever thought AirBnB was some new type of tax transaction never seen before.  Nor why some people seem to think the only kind of rental you can advertise via AirBnB is a room in a personal residence where meals and other services are provided by the co-resident owner.

      To add a technicality to Mike’s answer, a fourth treatment might be the 14-days-or-less-in-the-year rental, no income or expense for tax purposes.

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