Airbnb – Income Tax 2021 - 16 September 2021 (On Demand)

Description

Airbnb use has started to return with the gradual opening of borders and New Zealanders increasingly taking holiday breaks at home rather than overseas. We are seeing some increase in activity already.

The session will focus on questions we have been asked and that we are all facing on income tax issues arising from Airbnb situations.

Some of the key income tax issues that arise from these scenarios, which will be talked through in this webinar, include:

  • Key income tax considerations
    • Mixed-use
    • Bright line and land taxation rules
    • Loss ring-fencing
    • Interest deductibility
  • Specific scenarios:
    • Sale and purchase agreement considerations
    • When property provided to associated persons
    • Mixture of rental activities and changing between long term rental and “Airbnb” type rental
    • Private use and R&M
    • Ownership structure
    • Loss-ringfencing
    • RLWT

ORIGINAL BROADCAST DATE

16 September 2021

LEARNING OUTCOMES

Upon satisfactory completion of this activity you will be able to:

  • Consider the application of the mixed-use rules
  • Know how the loss ring-fencing rules will likely apply
  • Advise your clients on the income tax obligations they may have in relation to their Airbnb activity

SUITED TO

Accountants and lawyers with clients conducting a short-stay accommodation activity or looking to do so.

PRESENTER

Daniel Gibbons, Partner, Findex/Crowe (presenting on behalf of TEO)

 

1.25 CPD Hours

  • On Demand Event
    Complete online in your own time (Self-paced)
    • $195.00 excl. GST

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