Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago,
Taxes on AirBnB vs Long-Term
Are there special tax brackets for vacation rentals? For example if you do AirBnB, do you pay higher income taxes for a vacation rental because it’s considered self-employment mini-hotel business? And also, if it’s a long-term rent is it taxes regularly based on your general income? Like if I have W2’s and also made $30,000 extra from long term rent, It will be combined with the extra W2 income and that will be my total income?
Thank you,
Arthur Voskanyan