Announcement

Collapse
No announcement yet.

Search Result

Collapse
2 results in 0.0013 seconds.
Keywords
Members
Tags
airbnb x
  •  
  • zeikin
    started a topic Airbnb of property owned by parents
    in Main Forum / Tax Discussion

    Airbnb of property owned by parents

    I had two clients this week tell me they rent out vacation property owned by their parents using Airbnb and I'm not sure how to report it. The adult children manage everything and collect payments reported to them on 1099-Ks in their names. The parents get nothing and are okay with this. I think the income has to go on the parents' Sched E (passive...
    See more | Go to post
  • CutBackTaxes
    started a topic Air BnB 1099-K
    in Main Forum / Tax Discussion

    Air BnB 1099-K

    Where do I enter the 1099-K income from Air BnB on a Schedule E. Also, should I select property type as a vacation/Short-Term type property if my client owns the condo as his primary residence, but rents it out roughly 30 days a year on Air BnB. Any suggestions/help is greatly appreciated!
    Thanks
    See more | Go to post
Previous template Next

Disclaimer

Collapse

This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

Working...
X