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Airbnb General guidance on the tax ation of rental income Airbnb | General guidance on the taxation of rental income January 2017 v1 1 Disclaimer This booklet was prepared by Ernst & Young LLP (EY) at the request of Airbnb . This booklet is intended solely for in formati on purposes and no Airbnb Host or other third party may rely upon it as tax or legal advice or use it for any other purpose. As such, EY and Airbnb assume no responsibility whatsoever to Airbnb Hosts or other th ir d parti es as a result of th e use of in formati on contain ed herein.
Advance rent. is any rent you receive before the period that it covers. Include advance rent in your rental income in the year you receive it regardless of the period covered or if you are a cash or accrual basis taxpayer. For example, if you receive rent in December 2016 that is intended for January 2017, you must include it in rental income ...
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