Airbnb, VRBO, and vacation rental income comes with rules a general preparer can easily miss — especially in Florida. This is what I focus on.
Whether your rental is treated as active business income or passive rental income changes your tax bill and your self-employment tax exposure — getting this wrong is common and costly.
Florida sales tax and county tourist development (bed) taxes apply to most short-term stays under 6 months — separate from federal income tax, and easy to overlook.
Furnished rental properties open up depreciation strategies, including cost segregation, that can meaningfully reduce taxable income when done correctly.
The "material participation" tests determine whether losses can offset other income — a common area where self-filed returns miss out on legitimate deductions.
Guidance on whether to hold rentals personally, in an LLC, or across multiple entities as your portfolio grows.
Reconciling Airbnb, VRBO, and booking platform 1099-K/1099-MISC forms against your actual bookkeeping so nothing gets double-counted or missed.
A return prepared with STR rules applied correctly, plus a clear plan for next year — estimated payments, recordkeeping, and any local tax registrations you need in place.
Book a consultation and bring your questions — this is a quick call to see if we're a good fit.
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