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25 Tax Deductions for Airbnb Hosts | Beem



NAICS code:ย 721100

Using your extra apartments or your home to host travelers on Airbnb is an excellent way to make money and meet new people. When tourists visit a new city, Airbnb has become the go-to accommodation option, but hospitable accommodations can sometimes drain your wallet. When it comes to tax season, we’re here to assist you in seeing how you can save that extra dime compared to your expected tax return.

We have put together a list of the most common write-offs for airbnb hosts that you can use to deduct your expenses.

  • ๐Ÿงฐ Maintenance & redesign

    Use Schedule C, Box 21, to write it off

    By making your rental space safe and comfortable, you can write off expenses.

  • ๐Ÿฅ Guest Amenities

    Use Schedule C, Box 22, to write it off

    It pays to treat your guests well! Write off that house breakfast or bottle of wine.

  • ๐Ÿงฝ Cleaning Services

    Write it off using: Schedule C, Box 22

    Deduct cleaning, housekeeping and laundry costs.

  • ๐Ÿ“ฃ Online advertising

    Write it off using: Schedule C, Box 27a

    The money you spend to advertise your Airbnb is tax-deductible.

  • ๐ŸŽถ Music streaming app

    Write it off using: Schedule C, Box 27a

    Your clients need music to relax. Write-off if you pay any streaming services.

  • ๐Ÿจ Hosting Essentials

    Use Schedule C, Box 22, to write it off

    Deduct the cost of fresh sheets, towels and toilet paper to your guests.

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  • ๐ŸŒ Website & hosting fees

    Write it off using: Schedule C, Box 8

    Squarespace, Wix, GoDaddy, and other website service fees.

  • ๐ŸŽซ Business card

    Write it off using: Schedule C, Box 8

    Count your business cards as advertising expenses if your contact information is on them.

  • ๐Ÿ“ฑPhone, laptop, accessories

    Write it off using: Schedule C, Box 27a

    If you buy a phone or laptop and use it for work, it’s partially deductible.

  • ๐Ÿ“š Platform service fees

    Write it off using: Schedule C, Box 10

    Does Airbnb charge a percentage for every guest? It will be refunded in write-offs.

  • ๐Ÿ“ TV streaming services

    Write it off using: Schedule C, Box 27a

    If guests are offered streaming services like Netflix, their fees are deductible.

  • ๐Ÿ˜Ž Self-promotional

    Write it off using: Schedule C, Box 8

    Portfolios, business cards: write off anything you use to promote yourself.



If you drive for work ...


You might spend a lot of your time zipping around town to meet clients, finish assignments and do your research among other tasks. Luckily, you can write off car-related expenses like maintenance and gas. Keep these tax write-offs in mind as a growing .ย 

  • ๐Ÿ…ฟ๏ธ Parking

    Write it off using: Schedule C, Box 27a

    Parking for a meeting downtown, or any other work trip, is tax-deductible!

  • ๐Ÿ›ฃ๏ธ Tolls

    Write it off using: Schedule C, Box 27a

    A toll while driving to or from a work destination is tax-deductible!

  • ๐Ÿš˜ Car purchase & depreciation

    Write it off using: Schedule C, Box 13

    If you buy a new car, you can write off part of the cost every year for five years.

  • ๐Ÿงฐ Vehicle tool kit

    Write it off using: Schedule C, Box 22

    Flashlights, tire iron, duct tape, and other tools you may need in your vehicle are deductible.

  • โ˜‚๏ธ Car insurance & registration

    Write it off using: Schedule C, Box 15

    Car insurance monthly fees, registration, even roadside assistance are partially deductible.

  • ๐Ÿ”ง Car maintenance

    Write it off using: Schedule C, Box 9

    Oil changes, repairs, and regular checkups are all tax-deductible if you drive for work.


If you discuss work at a restaurant ...

Networking is a core practice of a successful ย  and it can also be added to your tax write-offs. You likely often meet clients or people in your field at restaurants to chat about work, discuss projects and sign deals. When you do, remember to write off your business meal expenses.ย 

  • ๐Ÿ” Business meals

    Write it off using: Schedule C, Box 24b

    If you discuss work with a coworker, mentor, client, or prospective client, it’s a write-off!

If you leave town for work ...

Meeting an out-of-town client, attending a conference or networking is all part of the job. There are many reasons for you to travel for work as a busy and they can all be added as tax write-offs. They also count as business trips, so you can write off your travel costs.

  • ๐Ÿ›ซ Transportation

    Write it off using: Schedule C, Box 24a

    Planes, trains, and car rentals are all work-related travel costs that can be written off.

  • ๐Ÿจ Travel lodging

    Write it off using: Schedule C, Box 24a

    When you travel for work, lodging expenses such as hotel rooms or Airbnb are write offs.

  • ๐Ÿฅก Meals while traveling

    Write it off using: Schedule C, Box 24a

    When you’re traveling for work, all meals are tax-deductible. Even takeout!

    ย 

If you work from home ...



When you’re not busy working outside, you might spend your time working from your home as a successful and many activities count as tax write-offs. These include business plans, promotional work and coming up with new strategies. In this case, don’t forget to write off your home office expenses!

  • ๐Ÿ›‹๏ธ Home office furniture

    Write it off using: Schedule C, Box 18

    A desk, chairs, lamps, and other home office necessities are all tax write-offs.

  • ๐Ÿ› ๏ธ Property repairs

    Write it off using: Schedule C, Box 21

    You can write off up to $2,500 for individual repairs to your property.

  • ๐Ÿ”Œ Power bill

    Write it off using: Form 8829

    Gotta keep the lights on in your home office! A portion of your electricity bill counts.

  • ๐ŸŒช๏ธ Property insurance

    Write it off using: Form 8829

    Whether it’s rental or homeowners insurance, you can write off a portion through your home office deduction.

  • ๐Ÿšฐ Water bill

    Write it off using: Form 8829

    It’d be hard to work in an office without running water, huh? You water bill counts.

  • ๐ŸŒ Wi-Fi bill

    Write it off using: Schedule C, Box 25

    Your Comcast bill is a tax write-off. You need internet to do your job!

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