Building a Profitable Short-Term Rental Business The short-term rental market is booming. In 2021, Airbnb hosts earned over \$110 billion in revenue. And with the rise of remote work, more and more people are looking for short-term rentals as a way to travel and work from anywhere. If you’re thinking...
rental income
Understanding the Tax Implications of Short-Term Rentals Short-term rentals (STRs) have become increasingly popular in recent years, as more and more people look for alternative ways to earn income from their properties. However, it’s important to be aware of the tax implications of owning and operating an STR before you...
What are the financial aspects unique to managing a VRBO property? Virtual vacation rental (VRBO) properties are a popular option for people who want to make money from their homes while they’re not using them. However, there are some financial aspects unique to managing a VRBO property that you should...
What are the tax implications and reporting requirements for Airbnb income? Airbnb is a popular platform for people to list their homes for short-term rentals. This can be a great way to make some extra money, but it’s important to be aware of the tax implications and reporting requirements. Tax...