Example tax deductions for short term rental businesses #entrepreneurship #airbnbhost

244 viewsabout 1 year ago0m 59sScore: 75

Lydia Patel

Pricing & Profitability
beginner
Bookkeeping
Expenses
Tax Strategy
Profitability

Summary

This video highlights the importance of diligent bookkeeping in short-term rental businesses. The speaker provides examples of potentially missed tax deductions, like home office expenses, travel costs, meals, and courses, and recommends bookkeeping software, such as Baselin and Stessa, or simple Google Sheets for beginners.