13 March 2025 | 3 replies
This includes transportation, lodging, and 50% of meals.Primary Purpose: If the trip is primarily for business (e.g., more than 50% of the trip is dedicated to business activities), you can deduct 100% of the travel costs (e.g., airfare, rental cars).
11 March 2025 | 12 replies
Also called “Virginia’s Long Weekend Address” here is how the Nelson 151 websites describes itself: “Nelson 151 is the destination for award-winning Virginia craft beverages, local food & artisans, unique lodging and amazing natural beauty.
4 March 2025 | 1 reply
Hilton and Marriott have been acquiring and expanding into alternative lodging, recognizing the demand for unique, high-quality stays.Enter luxury tiny home communities.
5 March 2025 | 22 replies
(2) Variable cost: platform fees from Airbnb and VRBO, lodging/hotel/transit or whatever pass-through tax your local AHJ requires, cleaning fee, cost of replacement for consumables, repair and maintenance, etc.
6 March 2025 | 2057 replies
@Elizabeth Diskin If I understand your question, it’s in regard to record keeping requirements and best practices.The IRS actually doesn’t require you to keep receipts for expenses that are under $75 (excellent lodging expenses).
22 February 2025 | 48 replies
It's unthinkable to imagine that they have been running their business grossly violating Dodd Frank, simply because someone would have lodged a complain and they would be shut down by now.
18 February 2025 | 17 replies
In some cases that's amazing -- one part of the town gov't considers it to be a commercial lodging establishment so it's exempt from STR permitting and regulation.
18 February 2025 | 17 replies
We call it a "boutique lodge" in our marketing.The guest demographic has changed substantially too.
12 February 2025 | 7 replies
However, if they are still considered a short-term guest under lodging rules, you may have more flexibility, though the specifics can depend on local regulations in Seattle.Since this can become a legal gray area, I recommend documenting all agreements, payments, and communication with the guest.
11 February 2025 | 1681 replies
Our philosphy was and is "if it's too far to drive and maintain we're not spending our money".I think the problem was OOS was too far for many of those investors to drive to or pay the cost of a flight and lodging to vet the properties themselves, and they trusted the "Tv guy who knew what he was doing."