Updated over 6 years ago on . Most recent reply
Should I run my Airbnb through an LLC for tax advantages?
Hey folks! My wife and I have just finished converting our mother-in-law suite into a cozy little studio apartment, we threw it on Airbnb and it is getting booked up like crazy. My question is, what would be the most efficient way to operate this for the most tax advantages/breaks as opposed to claiming it on my own personal taxes?
Appreciate the input.
Kevin