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Yes, you can. The proper way to do it is to allocate expenses to the 1 room you rent out by square footage.
So, if the AirBnb room is 10% of your house and your property taxes are $1,000, you would expense $100 of the taxes to the rental income and deduct $900 as an itemized deduction.
Yes, you can. The proper way to do it is to allocate expenses to the 1 room you rent out by square footage.
So, if the AirBnb room is 10% of your house and your property taxes are $1,000, you would expense $100 of the taxes to the rental income and deduct $900 as an itemized deduction.
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