What is the best way to deduct expenses for AirBnB's

[Brad Scott]

Hey short term rental owners, 

I'm wondering what you would suggest in order to be able to deduct expenses of running your short-term rental business, i.e. furnishing the rental, management fee, etc. Is it easiest to have an LLC for your business in order file taxes through and deduct expenses or is there some way to just do this through my personal taxes?

Any advice on this would be much appreciated. 

Thanks!