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Airbnb House Hacking Explained (Live for free in 2020)
Summary
This video explains the concept of house hacking and how it relates to Airbnb, emphasizing the strategy's ability to help hosts live for free and potentially avoid capital gains taxes. It covers an example calculation of capital gains, then discusses using a home as a primary residence as a strategy to reduce or avoid capital gains taxes by listing other parts of the property on Airbnb.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
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St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
Curated by Learn STR by GoStudioM



