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Owning an Airbnb or other rental property can be a good investment, especially if the property is located in a prime location. According to one report, the average Airbnb host earned more than ...
Fort Worth’s new short-term rental registration rules are intended to help crack down on Airbnbs and Vrbos in neighborhoods. Here’s how they work.
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
Zach Wiener said he hopes his family’s story will help raise awareness of the legal shield sometimes provided to short-term rental platforms by Section 230.
Although it is not used in the Internal Revenue Code, the term "boot" is commonly used in discussing the tax implications of a 1031 exchange. Boot is an old English term meaning "something given in addition to." "Boot received" is the money or fair market value of "other property" received by the taxpayer in an exchange.
Section 183(b)(2) provides that a taxpayer may deduct an amount "equal to the amount of the deductions which would be allowable [ . . . ] only if such activity were engaged in for profit, but only to the extent that the gross income derived from such activity for the taxable year exceeds the deductions allowable [ . . .
Critics of a New York City law say it acts as a "de facto ban" on short-term rentals. Leaders say the rules are needed amid a housing shortage. New short-term rental rules might make booking ...
Dec. 12—A contentious process to update Santa Fe County's regulations of short-term rentals, such as Airbnbs and Vrbos, will come to a head early next year. County Commissioners on Tuesday voted ...
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