Hi Airbnb hosts,Now it is the tax time. Should I file Schedule C or Schedule E? I am not providing substantial day-to-day services. Please help!
How do you control your mailings (when you need mail more than once) - write reminders on the paper calendar, or set reminder on a computer, or use some kind of software (i.e. Act)?.... I am yet to come up with workin...
Has anyone on here ever added extra income or not deducted all eligible expenses in order to show more income on your schedule E? You would pay more taxes but it could make the property more attractive to buyers and ...
Any wholesalers out there willing to share what there day-to-day routine looks like?
If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses). Do I need to add the property on my Schedule E? It...
Forgive me in advance if I asked this question before. But I work full time as an airplane mechanic for a union shop with no mandatory overtime. I have the option of working either 1st shift (Monday thru Friday 6 am-2...
On line 15 of the worksheet for Schedule D the taxpayer enters $38,600 if single or married filing separately or larger amounts if married or head of household. Is this a deduction from your capital gains under certai...
I've sort of got this question floating out on another thread, but I want to directly ask:As a landlord with 3 rental properties I maintain a dedicated home office. This is the first year I will be claiming the deduc...
So like many others I'm an Airbnb host. However I also privately rent out rooms.I fall into the category of renting for more than 7 days and less than 7 days. For this year since I just started anywhere from 1 to 61 d...