Author: Karlene Chance
Vrbo is one of the leading rental hosting platforms in the world today. They offer a subscription-based hosting fee and a premier host program to reward outstanding hosts. The premier host program on Vrbo promises Vrbo owners increased visibility and other additional benefits, but it also has its cons. If you’re considering committing to the Vrbo premier host status, keep reading, let us show you the advantages and potential drawbacks of the program. Benefits for Premier Hosts on Vrbo Increased Visibility Vrbo premier hosts enjoy more visibility in the search results. So, your properties will be at the…
Early preparation for income tax filing is always a good idea. We don’t have to tell you that the 2025 tax year is going to be challenging. Though Congress can make changes to the tax code up until December 31, 2025, we already know that many tax law changes that will be implemented because of the legislation that was recently passed.How is this going to affect you? Here is some of what we know now about the impact the new tax law may have on you: As you can see, your 2025 taxes could change significantly, depending on what your financial…
Will Turo charge hosts fees? Turo, the go-to peer-to-peer car-sharing platform, has changed the game in vehicle rentals. For hosts like you, knowing the ins and outs of Turo host fees is key. Let’s dive right in: This fee, based on a percentage, is applied to every booking you make through Turo. Here’s the breakdown: Turo hooks you up with standard liability insurance coverage, safeguarding you and your guests: Miles matter! Turo charges a fee based on how far your guests go: Cleanliness is key for happy guests, and Turo’s got your back: Break Turo’s rules, and you might face…
Airbnb & VRBO Host Rules and Tips Airbnb and VRBO are the most popular hosting platforms in the world today with millions of users. To become a successful host, you need to follow some proven tips and have certain rules in place. Don’t worry, that’s why we are here! In today’s article, we will be sharing some rules and tips that you cannot do without to become a massively successful VRBO or Airbnb host. VRBO and Airbnb Host Rules House Rules As a host, it is important for your guests to know what you allow or don’t…
IRS enforcement priorities continue to evolve, and in 2026, the agency remains focused on accuracy, reporting transparency, and compliance consistency. While most businesses aim to follow the rules, certain patterns and errors tend to attract closer attention during reviews or audits. One major area of focus is income reporting. Discrepancies between reported income and information returns such as 1099s or other third-party documentation often trigger questions. Businesses that receive income from multiple sources must ensure all revenue is accurately reported and properly categorized. Another ongoing area of scrutiny involves deductions. While deductions are a legitimate and important part of tax…
Owning rental property can be a great source of income, but it also comes with tax obligations. Whether you’re renting out a single-family home, an apartment, or even a room in your house, the IRS requires you to report rental income and related expenses accurately. Here’s a straightforward guide to help you navigate the process. What Is Rental Income? Rental income includes all payments received for the use or occupation of property. This can include: Which IRS Form Should You Use? If you rent real estate as an individual (not through a business entity), you’ll report income and expenses on…