The economy used to be a simpler place—either you owned a business, or you worked for someone else. In today's 'Sharing Economy', where VRBO, HomeAway, and Airbnb are common ways for the average person to make some extra cash, it's a bit more complex.
You may not think of yourself as a landlord, but if you offer your home or other property as a vacation or short-term rental, you are. And if the additional income isn't enough of a benefit, short-term rentals may also help you minimize your tax liability.
