Clients renting out their properties need to know a few key
rules.
As the sharing economy continues to grow, more people are
capitalizing on the opportunity to rent their homes, other real property, or
even extra rooms to travelers through Airbnb or similar services (sometimes
called "peer-to-peer accommodation") for extra income. It's a win-win
in many cases—travelers experience places they visit as a local resident would,
and the owner makes money that would otherwise go to a hotel or motel (although
the latter probably isn't too happy about it).
Read More: http://www.journalofaccountancy.com/issues/2016/dec/tax-on-airbnb-short-term-rentals.html
Questions: http://rehcpas.com/
No comments:
Post a Comment