164 results found

• POST

  The Ultimate Guide to Airbnb and Short Term Rental Tax Deductions

  This page was updated to reflect current information – March 14th, 2023 Airbnb is an app for turning your vacant property or properties into vacation destinations. And if you own an Airbnb property, there are several tax breaks you could be taking advantage of. Key Takeaways: Guide to Airbnb and Short Term Rental Tax Deductions The travel sector has been...

  https://andersonadvisors.com/blog/short-term-rental-tax-deductions/
• PODCAST

  Is Airbnb Dead? The Numbers Nobody is Discussing

  ...have a dog in the fight. You’re not sitting here saying, hey, I’m pro Airbnb because I have an investment in Airbnb, or I have a bunch of Airbnbs, or my business is Airbnb. You’re just looking at it saying, here’s the facts. Jamie: We support short-term rental investors. If there’s no one investing in the short-term rental industry, we’d...

  https://andersonadvisors.com/podcasts/is-airbnb-dead-the-numbers-nobody-is-discussing/
• POST

  Is the Decline in Airbnb Going to Cause a Housing Crash?

  Recent headlines claiming an “Airbnb collapse” have sparked concerns about a potential housing market crash, but the data tells a very different story. While revenue per active Airbnb listing has declined in some cities due to increased supply, Airbnb’s overall revenue has grown significantly over the last three years. Short-term rentals still represent less than 1% of total U.S. housing...

  https://andersonadvisors.com/blog/is-the-decline-in-airbnb-going-to-cause-a-housing-crash/
• PODCAST

  LLC vs S-Corp: Which One Is More Beneficial For Your Business?

  ...These are all ‘or.’ You can meet one of these and you automatically qualify. Test number two is I spend with your spouse more than 100 hours a year on these activities or on your Airbnb activity, which you could group Airbnbs. Let’s just say that on Airbnb, I spend 100 hours and nobody else spends more than 100 hours....

  https://andersonadvisors.com/podcasts/llc-vs-s-corp-which-one-is-more-beneficial-for-your-business/
• PODCAST

  Calculating Airbnb Taxes from One Room

  Tax Tuesdays Calculating Airbnb Taxes from One Room Play Episode Pause Episode Mute/Unmute Episode Rewind 10 Seconds 1x Fast Forward 30 seconds 00:00 / How are taxes calculated when renting only one room in your home for Airbnb? How are the expenses calculated, such as cleaning fees, lawn care, pest control, maintenance, snacks, and other amenities offered to guests? In...

  https://andersonadvisors.com/podcasts/calculating-airbnb-taxes/
• PODCAST

  An Inside Look into Short-Term Rentals

  ...you’re listening to the media, they said that a lot of people that started with Airbnb are in a tough bind. Maybe they were referring to a couple of months ago where they couldn’t meet their mortgage because they couldn’t cover it because of the restrictions that Airbnb was placing on the tenants coming into the property. The turnover time—72...

  https://andersonadvisors.com/podcasts/an-inside-look-into-short-term-rentals/
• PODCAST

  Can I Take A Loss On My Rental Property If I Sell It?

  ...the listing is active. Can I write off these expenses before the Airbnb listing is active?” Yeah, good question. “I bought an investment property for $260,000. It’s only worth $200,000. If I sell it, can I take a $60,000 loss?” Ouch. We’ll answer that one. “For short-term qualification, do we need to add it to Airbnb or Vrbo, or can...

  https://andersonadvisors.com/podcasts/can-i-take-a-loss-on-my-rental-property/
• PODCAST

  Tax Tuesdays Episode 108: QuickBooks

  ...see a big mess, it was usually an error because of the software. User error with the software. “I’m starting an Airbnb business and an ecommerce store. What bookkeeping do I use to integrate with Airbnb and the same question for Shopify?” Troy: Airbnb, should be sending you a monthly statement that shows your monthly income and any Airbnb expenses...

  https://andersonadvisors.com/podcasts/tax-tuesdays-with-toby-mathis-01-21-2020/
• PODCAST

  Which Business Structure is Best for Real Estate Agents

  ...square footage on the rental, then we would get depreciation. We would be able to write off the property, the real estate taxes. We’d be able to write off any expenses and repairs associated with that area, number one. Then we go to number two and say Airbnb. The question is, is the Airbnb rental or is it ordinary income?...

  https://andersonadvisors.com/podcasts/which-business-structure-is-best-for-real-estate-agents/
• PODCAST

  Land Trust Property Tips

  ...The host would be paying on a monthly basis. Everybody’s paying the host on a short-term basis so that it’s still rental income. If you only have an Airbnb or all you do is Airbnb and you have substantial income—this is, for example, a medical professional—they’re bringing in $750,000 a year, and they own a duplex that they Airbnb. They...

  https://andersonadvisors.com/podcasts/tax-tuesday-episode-148-land-trust-property-tips/