Re Investor

I manage several short-term vacation rentals, do I have to pay self-employment tax on this income or is it considered passive rental activity?

Short-term vacation rental income can fall into different tax buckets depending on how the properties are operated, the level of services provided, and whether the activity rises to a trade or business rather than a more passive rental arrangement. Factors such as average guest stay length, cleaning

Talk it through with a licensed KGOB CPA and leave with a clear next step. Browse more questions