14 day rule: hosting your next company event at home
Summary
The 14-day rule in Airbnb allows hosts to rent out their house or a part of the house for less than 14 days a year without being taxed on the income generated. This can be useful for business related events like retreats. The business is able to write off the expense while the host is not taxed on the income.
More from Regulations & Compliance
This article in Financial Mail focuses on the evolving regulatory landscape for Airbnb in South Africa, offering a deep dive into the specific rules and regulations that hosts must adhere to. The piece likely covers permits, tax implications, and potential restrictions. It's crucial for South African hosts to stay informed to avoid penalties and ensure compliance with local laws.
This article from The Provincetown Independent discusses upcoming changes related to short-term rentals. It's not clear what those changes are yet. Hosts should be aware of shifting regulations. Stay informed to ensure compliance and understand potential impacts on their STR business.
British Columbia's Premier announced an upcoming decision on Kelowna's short-term rental exemption. This announcement signals a potential change in local regulations. Stay informed to understand how any changes impact your short-term rental business in Kelowna.
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