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Updated almost 6 years ago on . Most recent reply

User Stats

28
Posts
4
Votes
Kevin Krysty Jr.
  • Real Estate Broker
  • Southern Pines, NC
4
Votes |
28
Posts

Should I run my Airbnb through an LLC for tax advantages?

Kevin Krysty Jr.
  • Real Estate Broker
  • Southern Pines, NC
Posted

Hey folks! My wife and I have just finished converting our mother-in-law suite into a cozy little studio apartment, we threw it on Airbnb and it is getting booked up like crazy. My question is, what would be the most efficient way to operate this for the most tax advantages/breaks as opposed to claiming it on my own personal taxes? 

Appreciate the input. 

Kevin 

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