The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Renting a room Date:  2/1/2013  9:43 PM
Author:  reader99 Number:  117602 of 127638

In 2012 for the first time I rented out the master suite in my home on, to students or travelers, by the month. Airbnb has sent me a 1099 misc. I bought this condo unfurnished in 2012 so in order to rent out a room I had to buy furniture and accessories, linens, TV, etc.

Can I deduct the things I bought for the room, and if so on what form?

Thank you in advance for your information.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us