First, before you read the questions below, please refer to thread https://ttlc.intuit.com/questions/4354750 to familiarize yourself with the beginning of this confusion.
I run a short term rental business. I lease homes and rent them out to guests on Airbnb. I get a 1099-MISC from Airbnb. Do I still have to file the above items on a schedule E?
If so, would I have to capitalize furnishings such as TVs, furniture, etc on the Schedule E, too?
I went through the Rentals section and one of the questions asks if I own the rentals. I do not own any of the rental units. There isn't a selection to choose otherwise.
