Income Tax deduction

Gp2
Level 2
Edmonton, Canada

Income Tax deduction

I listed my property on Airbnb as a host and registered for a short-term rental license with the City of Edmonton. Airbnb collected taxes on each booking. Now, I’d like to know how I can claim the expenses related to operating the Airbnb on my 2024 income tax return.

1 Reply 1

@Gp2 

It would probably be advisable to consult a knowledgable accountant or CPA regarding allowable deductions on your taxes.

 

If you have a question, you can search the Help Articles on Airbnb:

 

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Here is what I found:

 

What Expenses Are Deductible

https://www.airbnb.com/help/article/182

 

US Tax Resources

https://www.airbnb.com/help/article/1213