airbnb

Why Airbnb is better than owning a small business

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Sandy Bruns owned two restaurants in the heart of Sydney but since retiring and letting her house on Airbnb, she says she is doing better than ever.

In this video, Sandy talks about the income she receives and the tax deductions she is able to make as a result.

“I’m doing better out of my house than I was out of my business,” Sandy says.

“And it’s enabling me to spend money on the hosue because it’s a tax deduction now*.”

*Note: Always consult a qualified tax accountant or the ATO before claiming deductions. The information in this video is general in nature and should not be used in any way as tax advice.

Find out how easy it is to become an Airbnb host CLICK HERE

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Balance Team

This article was written by the brains trust of Balance . We are a talented team of writers and contributors with real life experience and a passion for finding balance.

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