SEARCH
Help
RESOURCES
Article Date:
March 2024


Word Count:
389

 

 

Q&A: Deducting a Loss from an Airbnb Bedroom Rental


Situation

 

My tax professional tells me that I cannot deduct a rental loss on my Airbnb rental. She says the Morcos case limits my expenses to the amount of my rental income.1

 

My Airbnb rental is a full bedroom and bath, accessible from a separate entrance. I had the rental in place for six months during the year 2023 with the first listing on July 1. I rented it seven times during the year for a total of 25 days.

 

We have no ... Log in to view full article.

Log in to view full article

Already a subscriber?

Email Address


Password


Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee
Clicky