John Forster
Returning Member

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