There is some fees to start like applying for your license , pay taxes, etc but it still seems worth it.  

I get the $25,000 to $50,000 Option fee for my pocket, and I can buy another property, plus I get about $8,700 a year in cash flow and the principal pay down and the equity capture and the tax write offs.

TAX TIME !!

Since then we've had nurses and doctors and such book directly through Airbnb or start the request through Airbnb and then we went offline and signed a lease without paying fees and taxes and such to Airbnb.Does anyone have any experience with other sites? 

The IUL simply acts like a Roth IRA when we look at tax deferred growth and tax free income.

Hi Ian, Because 1031 exchanges are a method of tax deferral, not tax avoidance, you will need to go back and look at the original property's "basis" when estimating your capital gains tax.

I can prepare a tax return but I hire an accountant because they are experts.

Hi Airbnb hosts,Now it is the tax time.

A break-even duplex in CA has the potential to have high cash flow in just a few years due to the following 1) low prop taxes increase of 2%/yr 2) low turnover due to rent caps 3) 7-10%/yr rent increases 4) better tax shieldingThe real question is whether you’ve underwritten the duplex correctly.

If one is renting out a percent of their personal property, that same percent of the profits will be subject to capital gains tax at the time of sale.