Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

@Baha El Far After having owned two bed and breakfasts for 24 years I can tell you that you will have disposable costs each month with a STR.

Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

Here's a more professional version of your message:---Hello,I already own two bed and breakfasts, which I have been managing for several years.

We ate breakfast in a place with a security guard toting a sawed-off shotgun.

Breakfast with an attorney who does Tax Lien foreclosures in South Dakota would be a great way to learn more and get your questions answered. 

Currently, the City generally categorizes short-term rentals, such as Airbnb or Vrbo, as hotel, motel, or bed and breakfast uses because the lease period is less than 30 days.

It is very important to understand the intricacies f your state. often the county website will have good information about tax sales but it can be hard to find.I took a tax sale attorney out for breakfast and got an hour or so worth of legal advice for the cost of a meal.

You give me access to enough data and I can tell you what you'll eat for breakfast in a week and what color clothes you'll pick for that day.