tax

Book: Every Airbnb Host’s Tax Guide

“Every Airbnb Host’s Tax Guide” by Stephen Fishman, J. D. See also: https://www.nolo.com/legal-encyclopedia/tax-issues-when-renting-out-room-your-house.htmlSee also: https://legaltemplates.net/resources/real-estate/renting-a-room-in-a-house/See also: https://www.nolo.com/legal-encyclopedia/small-taxpayer-safe-harbor-for-repairs-improvements.html “Any rental expenses paid for by guests are rental income; for example, payments a guest makes to you for repairs, utilities, or other rental costs. These costs are then deductible by you as rental expenses.”“You are entitled to […]

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Book: Every Landlord’s Tax Deduction Guide

“Every Landlord’s Tax Deduction Guide” by Stephen Fishman, J.D. See updates at https://www.nolo.com/companion/every-landlords-tax-deduction-guide-DELL.html See updates at https://www.nolo.com/companion/every-landlords-tax-deduction-guide-DELL.html “When you own residential rental property, you are required to pay thefollowing taxes:• income taxes on rental income and property sales• Social Security and Medicare taxes (for some landlords)• net investment income taxes (for some landlords), and• property […]

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