Tracy Lee Posted April 9, 2022 Report Share Posted April 9, 2022 TP bought new home with small apartment attached to back of the house. They rent this out as AirBnB; this I know goes on a Schedule C because they rent it out short term and provide services. They also have a studio apartment also attached to the house above the garage that they rent out to traveling nurses, that come and go anywhere from 1 month to 6 months. No services provided for them. Everything under one roof and all utilities, TV... are all on one bill that I will have to split. Would you put the Garage studio apartment separate on a schedule E or C or just put all rental activity on one Schedule C because it's all under one roof? Quote Link to comment Share on other sites More sharing options...
Lion EA Posted April 9, 2022 Report Share Posted April 9, 2022 I'd use Sche E when qualified to save SE tax. You can use any reasonable method to split the utilities, such as by square footage. 3 Quote Link to comment Share on other sites More sharing options...
Lee B Posted April 9, 2022 Report Share Posted April 9, 2022 First, I would consider these to be separate rentals. Second, specifically what services do they provide to the AirBnB unit? Quote Link to comment Share on other sites More sharing options...
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