Technical topics regarding tax preparation.
25-Jan-2023 12:23am
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Is it a foregone conclusion that Airbnb income is to be reported in Schedule C, instead of Schedule E?
25-Jan-2023 1:26am
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Not even close...I got real comfortable moving all of mine to Sch E unless they were true superhosts going above and beyond for significant services.
~Captcook
25-Jan-2023 6:40am
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Facts and circumstances.
All of my STR's have been schedule E.
So far.
I suffer from depreciation.
25-Jan-2023 8:36am
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We have had some great discussions on this one. Enjoy. See my posted links at post #21.
viewtopic.php?f=8&t=18078&p=157756&hilit=airbnb#p157756
25-Jan-2023 3:31pm
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Consider this from 'The CPE Store': Tax Guide for Short-Term Rentals, Course number: TAX580205
Excellent handout that can function as part of your research. 8 CPEs
25-Jan-2023 3:35pm
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I've read through some of that.
It tends to take a pretty conservative approach, from what I gathered.
~Captcook
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