I can't get a license for short term rentals in Kansas City ...
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I can't get a license for short term rentals in Kansas City (the city refuses to issue any licenses), so I'm losing $ every m...
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In need of a cpa who specializes in str, I am in the kentucky and indiana area currently.
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Hi @Sapient-Properties0 ,
Have you managed to get any leads for reliable CPAs who can help you?
I am sharing a link for you to explore Local Host Clubs where you can ask Hosts from your region for some trusted recommendations: https://community.withairbnb.com/t5/Local-Host-Clubs/ct-p/en_clubs.
Keep us posted if you get any leads!
Hi @Sapient-Properties0 ,
Have you managed to get any leads for reliable CPAs who can help you?
I am sharing a link for you to explore Local Host Clubs where you can ask Hosts from your region for some trusted recommendations: https://community.withairbnb.com/t5/Local-Host-Clubs/ct-p/en_clubs.
Keep us posted if you get any leads!
@Sapient-Properties0 There are no special skills required by a CPA to do your taxes if you have a STR. Absolutely none. Any qualified CPA will do. It's definitely not rocket science.
The same formula applies: Income minus expenses equals your net profit or loss. Easy peasy.
All you have to do is supply the figures.
There are a lot of tax loop holes related to short term rentals though so having a CPA who specializes in short term rentals is definitely desirable.
Hi Kelsey! Do you use a CPA with a STR speciality? We have a few rental properties in Oregon and want to find a new CPA. As we live in MI, our current tax pro is not well versed in the tax loopholes with STR's. Thanks!