Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
crtsc
New Member

If I rent out a second home occasionally on airbnb, is that considered rental income even though the house is not a rental property, or would it be miscellaneous income?

The house is used predominantly as a family vacation home and does not meet the IRS requirements for rental property. So I'm not sure if I should be listing it as rental income since it's not a rental property
2 Replies
ColeenD3
Expert Alumni

If I rent out a second home occasionally on airbnb, is that considered rental income even though the house is not a rental property, or would it be miscellaneous income?

It either is or is not rental property. The only way to exclude it would be to let it for less than 15 days. In that case, you do not report the income in any way.

 

There's a special rule if you use a dwelling unit as a residence and rent it for fewer than 15 days. In this case, don't report any of the rental income and don't deduct any expenses as rental expenses. Tax Topic 415

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Carl
Level 15

If I rent out a second home occasionally on airbnb, is that considered rental income even though the house is not a rental property, or would it be miscellaneous income?

If the property is rented out for less than 15 days total during the tax year, you don't report anything at all concerning it, on your tax return. Otherwise, it "is" rental property.

Dynamic AdsDynamic Ads
Privacy Settings
v