Real Estate, Airbnb, and Home Tax Questions

Answer practical property questions while building strong basis, rental, depreciation, sale, and state records.

Guides for specific decisions

Reconcile gross bookings, fees, refunds, occupancy taxes, and expenses.

Allocate shared costs between personal, rental, and business use.

Rental days, personal days, family use, and expense limits.

A practical decision tree for roofs, kitchens, HVAC, software, and furniture.

Basis, depreciation recapture, suspended losses, gain, and state tax.

Identification, replacement property, intermediaries, debt, and boot.

Liability, financing, insurance, tax classification, and transfer issues.

Consumables, furnishings, capitalization, depreciation, and mixed use.

Ownership, use, exclusion, basis, alimony history, and closing allocation.

Step-up basis, fair-rent use, depreciation, and sale decisions.