by Real Estate Tax CPA | May 19, 2022 | CPA for Real Estate Investors, Property Management Accountant
Are there any loopholes still left in the tax code? Maybe. One potential “loophole” revolves around short term rental losses. As a real estate investor, you know if you have a loss, there are limitations kicked in by the IRS code that determine how much of...
by Real Estate Tax CPA | Oct 19, 2021 | Short Term Rentals CPA
If you have a short-term rental (e.g. Airbnb, VRBO, etc.) and you provide substantial services for the convenience of your guests, your short-term rentals might be classified as a self-employed (Schedule C) business activity which is subject to self-employment tax. If...
