@Tanner BundyI recommend finding an accountant that specializes in real estate taxation.

@Mathew MathewI recommend finding an accountant that specializes in real estate taxation.

You are required to report worldwide income.You would have been required to report the income even if you did not get a 1099-K from airbnb.Depreciation is reported diferently for properties that you own abroad.If you have more than $10,000 in US equivalent, you would be required to report the bank account info to the US.There is likely a US - Kenya tax treaty that you may need to familiarize yourself withYou may get a foreign tax credit for taxes paid to Kenya(to avoid double taxation)

@Troy Welch,I recommend finding an accountant that specializes in real estate taxation and financial planning.

This symbiotic relationship can prove invaluable as you navigate the complexities of real estate taxation and financial planning, ultimately propelling you towards greater financial success.

Seems like the backlash to the Colorado STR taxation bill is already having some effect.

You will want to find someone who is the following1) Expert in real estate taxation2) Expert in the state taxation of where you are a resident ofHaving a CPA understand the state taxation of the state where you have the property is important but not the most important.To mention some things about having a rental in Georgia is that they do not recognize bonus depreciation.Best of luck to you in your search.

It's crazy complex, and unless your bookkeeper understands how real estate taxation works, there is NO WAY your books will be ready for tax preparation.

In the second case the members of the corporation each report the income on their tax return and there is no tax at the LLC level.

@Hari JacksonI recommend finding a tax strategist who specializes in real estate taxation.