Airbnb is a separate home in a different town.   Party is an individual that has a main full-time job in a different type of business (medical field).  This was purchased to just rent out as an airbnb for weekend or weekly rentals.  Could you please fill me in if this isn't something they to gainfully provide as a living...as some corporations and business's do how I would consider it as a Schedule C business?   Please don't take that wrong, I am just trying to educate myself  since alot of clients are now doing this. (Hopeing it pays for all expenses so someday they will be mortgage free on that property and retire there)