Real Estate & The Gig Economy:
The gig economy mushroomed during the pandemic, and more and more people supplement or earn full-time their income from the likes of AirBnB, Uber, Lyft, Etsy, etc. What many don’t realize is the tax implications of earning via those platforms. For example, renting your real estate on AirBnB may require you to file a Schedule C or Schedule E. Ensuring you use the correct form could save you thousands with proper compliance to lower the risk of a negative audit finding.
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