As a short-term rental host, you're entitled to many valuable deductions and other tax benefits. This book--the first of its kind--shows you how to make the most of your hosting business without risking problems with the IRS.

Learn everything you need to know about taxes, including:

• deductions you should be taking
  
• how to report your short-term rental income
  
• how to deduct losses incurred during the COVID-19 pandemic, and
  
• vacation home and tax-free rental rules.
  

Whether you rent your property through Airbnb, FlipKey, TripAdvisor, Craigslist, or VRBO, you want to make sure you understand these tax rules, including the 20% pass-through deduction.

This new edition covers changes and updates to tax laws revised as a result of the coronavirus crisis.

Stephen Fishman is the author of several Nolo books, including Every Landlord's Tax Deduction Guide, Deduct It!, and Tax Deductions for Professionals. He is a two-time recipient of the Independent Book Publishers Association's Benjamin Franklin Award.