Tax considerations for short-term rental hosts — what you need to know

Disclaimer: This post is for general informational purposes only and is not tax advice. Tax laws vary by country and jurisdiction. Always consult a qualified accountant or tax professional for advice specific to your situation.

Is my rental income taxable?

In most countries, yes — income from short-term rentals is taxable income. The threshold and rate depend on your country's tax laws.

What expenses can I deduct?

In most cases, you can deduct expenses directly related to your rental activity, including:

• Platform subscription fees
• Cleaning and maintenance costs
• Supplies (toiletries, linens, etc.)
• A portion of utilities (electricity, water, internet)
• Depreciation of furniture and appliances

Keep records of everything

Save all receipts. Use a simple spreadsheet to record all income and expenses for each tax year. Your platform earnings dashboard is a great starting point for income records.

Register as a business?

If hosting is a significant source of income for you, it may make sense to register as a sole trader or limited company. This can unlock more deductions and provide legal protection.

What tax questions do you have? Ask below and our community will do its best to help.