Real estate as a side hustle - smart tax planning tips

263 views10 months ago0m 34sScore: 80

Lydia Patel

Pricing & Profitability
intermediate
Tax Strategy
Expenses
Bookkeeping
Profitability

Summary

When running a short-term rental side hustle, taxes are not automatically withheld, so it's up to the host to account for that. One way to reduce your tax burden for the year is to consider expenses that will be incurred and reduce your tax for the year.