MGC94
Level 7
03-31-2022
10:33 AM
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Airbnb attached to the main house. main house 1,700 sq ft, rental 800 sq ft. do I report this on schedule E or schedule C? on schedule E would it be okay to do 50% ? what percentage should I use?
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Camp1040
Level 11
03-31-2022
11:01 AM
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Do the owners provide substantial services to their guests? If so Sch. C if not Sch. E.
800/1700= 47sq ft.
IRonMaN
Level 15
03-31-2022
11:14 AM
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That's a good answer except for the 47 sq ft instead of 47% part. 😉
Slava Ukraini!
Camp1040
Level 11
03-31-2022
11:43 AM
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Details, details ..your right that is our job, the details.
Tiny house Airbnb's are becoming very popular