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Investors & landlords
So there is a obvious distinction..
Rental - I own and rent couple of properties while I have a main source of income (Sch E)
Short Term rental - Full time business - Where I am responsible for all funtiure, linen, Gas, water, Electricity washer, drier, Pool furniter, kitchen utincils, towels, AC , lawn service, pool service , garbage collection... Its same as I have a hotel room but the whole house.. just cheaper hotel I also have a property manger to manage day to day emergencies.. so its - Sch C ..
is my understanding correct..
‎July 12, 2020
6:23 AM