Is Your Short-Term Rental a Business?

In the landlord market, it's still considered non-business because the property is still being used as a residence. So even if you are the person who goes to Europe for a month every year and you put your home on Airbnb for that one month, you are still opening yourself up. It doesn't matter if you're not generating a huge profit or anything or treating this like you're a real estate investor. The moment you let those STR guests in, you are running a business.