Vacation Rental Income Tax

Real Estate Broker/Owner

I am not a tax consultant or professional, neither this information constitutes tax advice. They may be wrong. If you find something wrong, let me know and I will correct it.

Doing rental income taxes for 4 years, I faced a lot of questions from fellow owners, so i decided to write an article Vacation Rental Income Tax by Owner as much as I can

It covers following topics:

  • What is debt to income (DTI) ratio?
  • How to get a vacation condo mortgage?
  • Tax Deductable Costs for Vacation Rentals
  • What closing costs are deductable?
  • Tax forms from Airbnb, VRBO/Homeaway, Flipkey/Tripadvisor and Payment Processors
  • 1099-MISC you file for your Vacation Rental
  • What is Depreciation?
  • Capital Gain Taxes of Rental Property
  • Qualified Business Income (QBI) for Vacation Rentals
  • Qualified Business Income (QBI) Limit for Vacation Rentals


Found useful? Please share

Comments (1)

John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Yavuz Col very good report about vacation rental income tax.

Feb 12, 2020 01:36 PM