Short-term rentals also have to be depreciated over 39 years instead of 27.5. In TurboTax, this is done by choosing the option for "commercial" as the type of r...
The earlier comment about putting an Airbnb on Schedule C is incorrect. Short-term rentals still go on Schedule E. Airbnb properties generally should not go on ...
The other comment has correct info about the need for an EIN.But your Airbnb income should not go on a Schedule C in most cases. Short-term rentals still go on ...
The information in this thread about putting an Airbnb on Schedule C is incorrect. Short-term rentals still go on Schedule E. Airbnb properties generally should...
If you're a US citizen, then your worldwide income is taxable on your US tax return. But you can generally use the Foreign Tax Credit to get a credit for the fo...
