5 Tax Tips for Renting Out Your Vacation Home

Whether you're an Airbnb host or just want to rent a few times a year, these tax tips for renting out your vacation home are an important consideration.

Smiling man and woman holding hands while arriving at vacation rental.
(Image credit: Getty Images)

You'll want to consider these tax tips for renting out your vacation home whether you are hosting every weekend or just a few times a year. Renting your getaway occasionally can be a great strategy to offset some of your expenses. That's fine, as long as you don't set off any alarms with the IRS. You may also have to consider state and local taxes, depending on the type of rental you offer. 

So, whether you are signing up with Airbnb, VRBO, HomeAway or a private listing, read on to save money and headaches at tax time.

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Ellen Kennedy
Personal Finance Editor, Kiplinger.com

Ellen writes and edits personal finance stories, especially on credit cards and related products. She also covers the nexus between sustainability and personal finance. She was a manager and sustainability analyst at Calvert Investments for 15 years, focusing on climate change and consumer staples. She served on the sustainability councils of several Fortune 500 companies and led corporate engagements. Before joining Calvert, Ellen was a program officer for Winrock International, managing loans to alternative energy projects in Latin America. She earned a master’s from the U.C. Berkeley in international relations and Latin America.