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Thanks For Visiting

453. The 5 Biggest Tax Mistakes STR Hosts Make

Apr 10, 2025
23:47

It’s tax time, and if you're a short-term rental host, this episode is a must-listen.

We’re breaking down the five biggest tax mistakes we see STR hosts make—and how to avoid them so you can keep more of what you earn. From understanding the seven-day rule to knowing how your cleaning schedule could trigger self-employment tax, we’re unpacking how STR income is classified and what actually qualifies for those juicy tax deductions.

We’re also sharing actionable tips on how to track your time, understand depreciation, and avoid missteps with personal use and local tax rules. Plus, we’ll introduce you to a tax pro we trust if you need expert guidance.

Quick disclaimer: We are not CPAs or tax professionals—just experienced hosts sharing what we’ve learned and linking you to the right resources. Always talk to your own tax pro!

Resources :


Mentioned in this episode:

Minoan | Visit MinoanExperience.com and tell them TFV sent you!

Quiz | Take our quiz to reveal your hosting personality style!

Host Checklist | Grab our Airbnb Essentials Checklist and make stocking your Airbnb a breeze – we've got all your hosting needs covered!

Hostfully | Go to https://www.hostfully.com/tfv and use TFV500 to get $500 off your subscription.

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