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Investors & landlords
Hi TomD8,
Thanks for your reply. I don't have any objections from the homeowner allowing me to be an Airbnb host and renting in effect the spare bedroom to an Airbnb guest. Then, I thought I could use Schedule E to report income and expenses for that activity.
Would using Schedule C, Profit or Loss From Business, be possible for rental real estate activity? Is ownership of the property a prohibiting factor here, too, with its different tax forms. Thanks in advance for any added advice or input - greatly appreciated.
Cheers, John
‎January 25, 2020
2:59 PM