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MGC94
Level 7
March 7, 2023
Question

Airbnb / main home

  • March 7, 2023
  • 2 replies
  • 41 views

First airbnb/rental for me where someone rented out their own home. 

Taxpayer used airbnb 1099-k $17,100

She airbnb her main (only) home August, September and October. She moved in with her sister for 3 months to do that. 

Do I put 92 days rented and 273 for personal use? 

 

Is that the only thing I need for it to calculate it correctly? 

 

Can I put in the repairs at the beginning of the year that she did to prep for airbnb? 

 

ownership percentage is 100%

I know its not an owner occupied rental because there was no other place for her to live. 

 

vacation home or property with personal use days?  Doesn't seem to really fit that either because its main home. Or is is that and: 

Do I only do box R with an X

And S with 365? 

 

 

This topic has been closed for replies.

2 replies

dkh
Level 15
March 7, 2023

Have you tried Google (or whatever you prefer) to see what info is out there to help you ?

MGC94
MGC94Author
Level 7
March 7, 2023

I did not try google or anything else. My favorite is asking you guys  

qbteachmt
Level 15
March 7, 2023

"I did not try google or anything else. My favorite is asking you guys"

How many times will you see the comments that it is rude to ask peers first, people who are in your same business and working, to "help" you with things you cannot even be bothered to start helping yourself with?

If you need someone to find you resources, perhaps it is time to Hire Help.

Google, of course, offers free help:

airbnb tax main home

Results include:

https://assets.airbnb.com/eyguidance/us.pdf

Do you think everyone is kidding about help yourself first? You look it up, you read it, you use the program. Then, you ask if you still are not sure about something, cannot find something that is referenced, etc.

Sheesh.

 

Don't yell at us; we're volunteers
Level 2
March 8, 2023

Airbnbs are reported on chedule C not schedule E

MGC94
MGC94Author
Level 7
March 8, 2023

I believe that is if one provided "substantial services" to the guest