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re: Airbnb and taxes
Posted on 1/5/19 at 11:10 pm to mandevilletiger34
Posted on 1/5/19 at 11:10 pm to mandevilletiger34
Oxford, MS. 80% of the money comes in from the home football game weekends and graduation.
1
Posted on 1/7/19 at 3:10 pm to rpg37
If Airbnb collects any tax, they are responsible for all sales tax related to the time of purchase. So everything including tourism taxes, bed taxes, etc. they are either supposed to collect none or all, there is not supposed to be multiple bodies collecting and paying for each stay.
But on another note, goodness man you need to figure out your taxes and tax basis BEFORE the year is over. It should be before you start your business not wait until tax season and figure it out.
But on another note, goodness man you need to figure out your taxes and tax basis BEFORE the year is over. It should be before you start your business not wait until tax season and figure it out.
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