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Can i still deduct Property Taxes if we rent out 1 room in our home through AirBnb? The Property is our primary home/residence 365days/year.

 
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Ashby
New Member

Can i still deduct Property Taxes if we rent out 1 room in our home through AirBnb? The Property is our primary home/residence 365days/year.

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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1 Reply
Ashby
New Member

Can i still deduct Property Taxes if we rent out 1 room in our home through AirBnb? The Property is our primary home/residence 365days/year.

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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