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Deductions & credits
Yes I need to figure out section 48. The main difference between an Airbnb and a standard long term rental is that I pay the electricity for the guests, standard landlords pass that onto the tenant so it does not matter to them.
I pay hotel and lodging taxes to state of Arizona. These are extra taxes that a normal LTR landlord would not pay so I think this should make me commercial and it could apply?
‎August 20, 2022
8:59 AM