Taxes on AirBnB vs Long-Term

[Arthur Voskanyan]

Are there special tax brackets for vacation rentals? For example if you do AirBnB, do you pay higher income taxes for a vacation rental because it’s considered self-employment mini-hotel business? And also, if it’s a long-term rent is it taxes regularly based on your general income? Like if I have W2’s and also made $30,000 extra from long term rent, It will be combined with the extra W2 income and that will be my total income? Thank you, Arthur Voskanyan

[Tyler Work]

Hey @Arthur Voskanyan, this isn't really answering your question, but to piggy back on what @James Carlson you'll also likely have to plan on paying lodgers/sales taxes on your gross vacation rental income depending on whether or not Airbnb can collect and remit on your behalf in your area.  This is a big cost that some people overlook.