Airbnb - Full time rental vs partial

[Anonymous]

I have a secondary property that is listed and available for rent on AirBNB 365 days per year.  Should I classify this property as full time rental or partial since we do use the property a few times a year when not rented?  We generally rent the property around 15 time per year from a few days to a week per rental.

[ValerieE · Accepted solution]

This will probably be considered a partial rental.  The IRS rules state that if you use the rental for more than 14 days or 10% of the total days it is rented at fair market value then you have to split your expenses between personal and business use.  Please note that the 10% is based on days the unit was actually rented, not on days it was available for rent.

When calculating the percentage of personal use to rental use for splitting expenses you can take into consideration the days it was available for rent.  Only the days actually rented are counted for determining if you have personal use of the rental.  IRS Pub 527 Chapter 5 has more detailed information on what is considered personal use of a rental.