What expenses are deductible from my thisopenspace income as a host?
If you’re a host, it's possible that not all of your thisopenspace income is taxable. Deductible items may include rent, mortgage, cleaning fees, insurance, and other expenses. Other factors you might consider when assessing taxable income include renting vs. owning the space, number of days booked, tax status, and total net amount earned.
We encourage you to consult a tax advisor for more details, as there are many special rules in this area and we aren't able to provide tax advice.