MileageWise Blog

gig worker

Airbnb Taxes and Expenses: A Guide for Hosts

As an Airbnb host, understanding your Airbnb taxes is just as important as setting the perfect nightly rate or getting five-star reviews. Whether you’re renting out a spare room occasionally or managing multiple properties, your Airbnb income is taxable, and failing to report it correctly can lead to penalties or missed tax deductions that could save you thousands. But short-term rental taxes aren’t always straightforward—there are income taxes, occupancy taxes, service fees, and even special Airbnb tax reporting requirements that vary by location.  The good news? With the right knowledge,

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The Gig Economy is Evolving and so are the Tools helping them

February 28, 2021 The benefits of a Gig job are obvious, with flexibility probably being the biggest one. You can work for multiple companies at the same time, and by doing so you can optimize your working hours and your income. In today’s economic situation, the interest in taking a Gig job has only grown. During the pandemic, more and more people have turned to work at firms such as Uber, Lyft, or others. Nearly a third of workers in the U.S. participate in the Gig economy, meaning nearly 51,920,000

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