Tax
Nov. 24, 2015
Airbnb's impact on your taxes depends on how you use it
Airbnb, launched in 2008 to connect people with space to those who want to rent it, means renters and landlords galore, which means there are taxes to consider.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
Airbnb was launched in 2008, connecting people with space to offer to those who want to rent it. It means renters and landlords galore, which means there are taxes to consider. You might think that would be simple, but it isn't.
Airbnb has tips on its website, addressing "How do taxes work for hosts?" but much of the focus is on international issues. If you want simple guidance, you might be tempted to vote for Carly Fiorina, who has proposed a three-page tax code! In the meantime, ...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In