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I have a bonus room and garage that I want to convert to a
I have a bonus room and garage that I want to convert to a small one bedroom and the rent it out on Airbnb can I write off all of those expenses? … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
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I have a question on rental income and tax. It would be for
I am renting a 4 bedroom single family house. I occupy one of the rooms. I would like to rent out the rest of the rooms with the property manager's knowledge. I don't own any property here in the US. Only my name is ***** ***** lease. Would I have to pay tax on the rental income from the other rooms which go towards paying my rent? I plan to use Airbnb to get renters as well.… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
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I rent an apartment, where I live and rent out my additional
Hi. I rent an apartment, where I live and rent out my additional bedrooms on airbnb. I'm trying to find out how much of my rent I can claim as an expense against my airbnb income. … read more
Tax.appeal.168
Tax.appeal.168
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I rent an apartment in Los Angeles that I used as an Airbnb
I rent an apartment in Los Angeles that I used as an Airbnb rental in 2016 (Gross earnings of $2,800 and pay out amount of $2,566). What form do I need to fill out when doing my end of year taxes? … read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
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In this house which I sold last year I had 2 rooms rented to
In this house which I sold last year I had 2 rooms rented to tenants. My wife and me we moved out about 6 months before the house was sold. Within this time I had to drive a lot to this house for main… read more
kcox79
kcox79
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Tax treatment of property being prepared for rental: A
Tax treatment of property being prepared for rental:A client bought a duplex in 2015, and had a tenant for part of that year in one half of the duplex while they occupied the other half.In 2016, they … read more
Lev
Lev
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Bachelor's Degree Equivalent
27,796 satisfied customers
I am a non-resident alien( student on F1 Visa) and have rented
I am a non-resident alien( student on F1 Visa) and have rented my apartment using AirBnb during the summer of 2015. I have received a 1042-S tax form from AirBnb (with an income code 54 - other income… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,796 satisfied customers
I have a tax question that I cant seem to solve. I have a
Hello Pearl. My name is***** have a tax question that I cant seem to solve. … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I received a CP2000 from the IRS stating: 1. Income reported
I received a CP2000 from the IRS stating: 1. Income reported by airbnb on for 1099-k on the rental of a room for family user, is self employment income subject to social security and medicare taxes. i… read more
PDtax
PDtax
Owner
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4,304 satisfied customers
i received a 1099k from airbnb room i rent in a house
i received a 1099k from airbnb for a room i rent in a house in DC, but my permanent address is in CA, so that is what is listed on the 1099. Do I need to file in CA, or just in DC, or both? I don't ha… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I have sub rental income apartment reported to me on
I have sub rental income for my apartment reported to me on 1099-K from Airbnb. Can I deduct rental fees I paid to landlord as rental related expense for the whole year even if some months apartment w… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
Hi, Hi, I am an international student on F-1 VISA. Hi, I
Hi, Hi, I am an international student on F-1 VISA. Hi, I am an international student on F-1 VISA. I had leased an apartment with another student for one year. In the summer I relocated to do an intern… read more
Anne
Anne
Master Tax Preparer
2,361 satisfied customers
Dear, I am European living and working in USA, California.
Dear, I am European living and working in USA, California. I have a US tax ID number (SSN) and a permanent address residence outside the USA. I'm renting out my apartment by occasion using airbnb serv… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,655 satisfied customers
Hi, Lev. Im finally doing the 2012s and I have another question.
Hi, Lev. I'm finally doing the 2012s and I have another question. I know you said a property listed on on schedule need not be owned by the one declaring income. As I mentioned, I am renting my apartm… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,796 satisfied customers
Hi. What are you credentials please? I am an airbnb host
Hi. What are you credentials please? I am an airbnb host in NYC who is an apartment renter who rents a spare bedroom only while I am also here. I can't really file a schedule E since I don't own the r… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,796 satisfied customers
I have a roommate. I make him pay half of the lot rent of the
I have a roommate. I make him pay half of the lot rent of the mobile home. I also was going to charge him for 1/2 of the rent for my storage unit. I told him that I would not have a room to let him li… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,796 satisfied customers
Hi I have a question about income generated from sublease
Hi I have a question about income generated from sublease and deduction of mortgage interest in this case. I am planning to buy an apartment in New York city. I will occupy one of the bedroom and seco… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,655 satisfied customers
i am having trouble knowing which forms to fill out in order
i am having trouble knowing which forms to fill out in order for all business dealings to be correct in the eyes of the IRS here is my situation: Our Office Suite that we Sublease and sub sub lease is… read more
Stephanie B.
Stephanie B.
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Master's Degree
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