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Updated over 2 years ago, 04/02/2022
AIRBNB deduction to offset your active income
I am purchasing a duplex and I intend to utilize one side for long term rental and the other side for a short term rental such as Airbnb. Since I hold a full time position with a W2 making over $170k x year, I would like to know if I can deduct property's expenses/depreciation as an Airbnb and offset some of my active income. Thank you for your help. Pier