161 results found • page 5 of 17

PODCAST
What Is The Best Tax Efficient Way To Purchase An Existing Business?
...average use of a property is seven days or less, it’s not considered a rental property for the passive activity loss rules. That Airbnb is a pizza shop. If you have an Airbnb, it is no different than if you open up a pizza shop. The Airbnb has become a pizza shop, and you have a pizza oven. It’s all...
https://andersonadvisors.com/podcasts/what-is-the-best-tax-efficient-way-to-purchase-an-existing-business/?highlight=airbnb
PODCAST
Tax Tuesdays Episode 115: CARES Act
...EIDL, you qualify. You can think of everybody at Airbnb who wrote in to Congress to get this put. Toby: The Airbnb, the big thing is it’s seven days or less average rental. If you do an Airbnb where it’s two weeks or you provide substantial services like you’re changing all the sheets and you’re going in there and cleaning...
https://andersonadvisors.com/podcasts/tax-tuesdays-with-toby-mathis-04-28-2020/?highlight=airbnb
POST
How to Start a Tiny House Rental Business
...pleasure or business and need a place to stay overnight. These guests are choosing to forego the traditional hotel experience to rent out a vacant home instead. Focusing on Airbnb, there are six million properties listed in over 100,000 cities. As you can imagine, this means lots of competition for Airbnb owners. Some Airbnb owners try to stand out from...
https://andersonadvisors.com/blog/tiny-house-rental-business/?highlight=airbnb
PODCAST
Strategies to Reduce Your Tax Liability as a Real Estate Flipper
...claim real estate professional status. The plan is to keep those short-term rentals as Airbnb with eight days or more, a.k.a passive, and keep the long-term rental as is. The first question is, can the wife manage, clean those Airbnbs and claim the 750 hours without touching the third long-term rental that is far away and group them all together?”...
https://andersonadvisors.com/podcasts/strategies-to-reduce-your-tax-liability-as-a-real-estate-flipper/?highlight=airbnb
PODCAST
How to Maximize Tax Deductions for Your Home Office
...I think the key here is we’re cool with Airbnb. We have all this income coming in. What do we do, Jeff? Jeff: We start at Airbnb. I’m going to say this one. I don’t think I’ve said it. I like having separate property to do my Airbnb. I don’t like using my personal property where I live for it....
https://andersonadvisors.com/podcasts/how-to-maximize-tax-deductions-for-your-home-office/?highlight=airbnb
PODCAST
How to Fill Out Tax Returns as a Real Estate Investor
...I want to establish an Airbnb from my timeshare, how do I structure my entities and what is the best way to operate that to save tax?” We got a lot. You ready, Carl? Carl: I’m already. Toby: All right, I hope you have until midnight to […]. I’m just kidding. “Can you speak about conservation easements as a way...
https://andersonadvisors.com/podcasts/how-to-fill-out-tax-returns/?highlight=airbnb
PODCAST
Tax Tuesdays Episode 96: Tax Cuts
...Here’s the rule. Seven days or less equals active. That’s no longer passive real estate. You are now a trader business. If you do an Airbnb, the way you get around, getting hit with any sort of monster tax, is to do the Airbnb through a corp, S or C works, but you have the rental, let’s say that this...
https://andersonadvisors.com/podcasts/tax-tuesdays-with-toby-mathis-07-23-2019/?highlight=airbnb
PODCAST
Tax Tuesdays Episode 101: Bonus Depreciation
...are willing, able, and ready to help. Do you have a tax question? Submit it to taxtuesday@andersonadvisors. Highlights/Topics: How can I take full advantage of excess depreciation on passive real estate investments? Cost segregation, MACRS, and bonus depreciation through TCJA What is the best way to set up an Airbnb business that is a solely-owned, single-family house? If average guest’s...
https://andersonadvisors.com/podcasts/tax-tuesdays-with-toby-mathis-10-01-2019/?highlight=airbnb
PODCAST
How To Report Income From A Short-Term Rental Property
...your tax question to taxtuesday@andersonadvisors. Highlights/Topics: Is short -term Airbnb and VRBO (short term rentals) under Schedule C or Schedule E? – if it’s just bare oversight management, etc. That might put it on Schedule E. Schedule C is if you have more substantive activity you’re putting into it. I was told I could use my company assets of 401k...
https://andersonadvisors.com/podcasts/how-to-report-income-from-a-short-term-rental-property/?highlight=airbnb
PODCAST
Shared Housing: How Investors Can Double Their Income And Solve The Affordable Housing Crisis
...costs. It’s just a percentage of revenue, which is about two points cheaper than what Airbnb charges, which was how I put my finger in the air in 2017 and said, hey, what’s my business model? All right, let’s figure out what Airbnb is effectively charging between what they charge to the renter and the host, come in lower than...
https://andersonadvisors.com/podcasts/shared-housing-how-investors-can-double-their-income-and-solve-the-affordable-housing-crisis/?highlight=airbnb