Lately, I’ve noticed a jump in the number of my firm’s clients asking how they would be taxed if they were to rent out their home on a short-term basis a few times each year through sites such as Airbnb and VRBO. Believe it or not, if you rent your home for 14 days or less in a calendar year, 100% of the rent received is tax-free to you!
How to Generate Tax-Free Income From Your Home Each Year
by Schwartz & Schwartz, CPAs | Feb 2, 2021 | 0 comments
