Do You Pay Self-Employment Tax on Vacation Rentals?

A new law in 2022 may cause vacation rental owners to pay self-employment taxes.

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LINKS: https://www.vacasa.com/homeowner-guides/vacation-home-tax-rules
https://www.jdsupra.com/legalnews/irs-concludes-many-airbnb-style-rental-7783618/

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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.