The conversation between human and AI assistant.
How is Airbnb taxed?
Is there a difference in how it's taxed for hosts who rent out a spare room versus hosts who rent out their entire home?
Yes, there can be differences in how spare rooms versus entire homes are taxed. In some locations, hosts who rent out a spare room may be eligible for certain tax exemptions, while hosts who rent out their entire home may be subject to additional taxes or regulations.