US/tax. I want to reduce my rental cost using airbnb, or is it better to find a permanent roommate

Natalya0
Level 1
San Francisco, CA

US/tax. I want to reduce my rental cost using airbnb, or is it better to find a permanent roommate

What is the better way to reduce my rental cost? I rent 2br and want to reduce my expences for this rent. I can make $1500/mo on Airbnb or find a permanent roommate for $1100-1200. If I have to pay taxes from income I received on Airbnb ($1500 - 15%) it will be $1275. And I don't have to pay taxes if I share flat with the permanent roommate, so it will be a little less, $1200/mo. and I don't have that irs/income-tax staff.  

Am I wrong? Did I miss something?

1 Reply 1
Raquel13
Level 10
Miami, FL

Check your lease to determine if you can sublet the apartment.

More tools to help you meet your goals

Resource Center

Explore guides for hospitality, managing your listing, and growing your business.