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Updated 10 months ago on . Most recent reply

User Stats

352
Posts
55
Votes
Huiping S.
  • Homeowner
  • Tampa, FL
55
Votes |
352
Posts

End the short-term and switch to long-term.

Huiping S.
  • Homeowner
  • Tampa, FL
Posted

As an accident to start a short-term rental for more than 3 years and wanted to end it. 

1) The number from CPA for this short-term is worse than any other long-term rentals. 

2) the time spend for this short-term is  >=5  long-term rentals. 

3) from Sep-2024, there are 6 books to the end of the year. 

4) Insurance of short-term increased 27% and tax will increased without doubt.

So tried to cancel all the reservation from AirBNB two month away. AirBNB asked to provide certain evidence, such as doctor notes , to waiver penalty  of $180 per reservation. 

Anybody remember to see this host cancel policy of AirBNB? Except to ask returning guests(mainly) to cancel their reservations, how can we avoid to be punished by AirBNB? 

Thanks.

Most Popular Reply

User Stats

12,473
Posts
15,206
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
15,206
Votes |
12,473
Posts
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

cancel your Airbnb account and disconnect your bank account info or close that bank account tied to Airbnb. 

  • John Underwood
  • Loading replies...