Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

12
Posts
4
Votes
Bradley Nuse
  • Houston, TX
4
Votes |
12
Posts

Is AirBNB, VRBO, etc considered rental income?

Bradley Nuse
  • Houston, TX
Posted

Hello fellow investors.  I'm still wrapping my head around the how much information there forums have and the wealth of knowledge there is.  Being a newbie, I have tons of questions and have learned a lot, however I want to throw a topic out there that I think I know the answer to but am not 100% sure.

There is a property in Colorado that I know is being flipped and will be on the market in the relatively near future. If I purchased this property as a "rental" property (in an LLC and for passive income), but didn't put tenants in it and instead put in on Airbnb,VRBO,etc., can that still be considered a rental property and the income classified as rental income? I was under the impression that any income generated from airbnb, etc is considered self-employment income and would be reported on a 1099 (I think that is the self-employed tax form). But I don't know if not being a primary residence would qualify it for being considered a rental property and void the self-employment stuff. I hope this is clear enough and to gain some insight from anyone. Thanks for the help and thoughts!

Loading replies...