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@edwardcollins_upleveled
Personal enjoyment isn’t exclusive use. That’s the problem with this “free apartment” strategy. The creator claims half their $6.5K rent is a business deduction because they record content and meet clients at home. Then they Airbnb it when they travel. Sounds clever—until the IRS shows up. 🏠 Home office rules demand “exclusive use.” If the same living room or kitchen is also used for personal activities, those deductions can be disallowed in an audit. 🛑 Airbnb adds another snag. Use the property personally more than 14 days a year and you may lose key rental deductions or limit their use in a given year. ✅ The fix isn’t a loophole. It’s proper planning. Create a real administrative home office. Track square footage. Keep records. Apply the law, court cases, and regs to your exact facts. Because the IRS doesn’t care about clever edits — they care about compliance. 📩 Want to see how legitimate tax reduction strategies could actually improve your situation? On Instagram, Dro...

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