🔺How to write off your rent #shorts

60.6K viewsabout 3 years ago0m 34sScore: 75

Sean Pan

Pricing & Profitability
beginner
Tax Strategy
Expenses
Bookkeeping
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Summary

This video quickly explains how hosts operating their STR business from their apartment can potentially write off a portion of their rent and utilities (water, electricity, internet) on their taxes. The amount writeable is based on the square footage of the home office space compared to the overall apartment space.