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Hi
Just new to the forum and wishing to have some advise….
We own a home and have a self contained flat
We were wanting to rent it out and do air bnb short term nightly accommodation
Wondering if anyone can help us work through the council minefield
We gather it’s as short term accommodation and not a bed an breadkfast as we don’t supply breakfast
I live in the home with my husband so it’s “shared” by another couple which would be 4 people all up
I’m really confused as to how to abide by the rules and earn an income.
I understand the income is declarable to the ATO at the end of the year
Also not sure of what insurances are required for short term accommodation and if there are any providers that are good ?
Any help would really be appreciatedThanks
Dawn
Great article and thanks for posting
Just new to the forum and wishing to have some advise….
We own a home and have a self contained flat
We were wanting to rent it out and do air bnb short term nightly accommodation
Wondering if anyone can help us work through the council minefield
We gather it’s as short term accommodation and not a bnb as we don’t supply breakfast
I live in the home with my husband so it’s “shared” by another couple which would be 4 people all up
I’m really confused as to how to abide by the rules and earn an income.
I understand the income is declarable to the ATO at the end of the year
Also not sure of what insurances are required for short term accommodation and if there are any providers that are good ?
Any help would really be appreciatedThanks
Dawn