Short-Term Rental Tax Deductions: Records to Keep
Short-term rental tax deductions are easier to support when each expense has a date, amount, category, property, and source document.
Common deduction categories
Hosts commonly track cleaning, supplies, repairs, utilities, insurance, taxes, licenses, platform fees, professional services, and mortgage interest.
Receipts matter
Documents support deductions and help explain large or unusual expenses during CPA review.
Avoid unsupported assumptions
Do not invent missing amounts or classify capital improvements as repairs without review.
FAQs
Can STR hosts deduct furniture?
Furniture may have depreciation or startup cost treatment. CPA review is recommended.
Are platform fees deductible?
Platform fees are commonly tracked as rental operating expenses, but final tax treatment should be reviewed.
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