Airbnb/STR Checklist Airbnb/Holiday Home Checklist The following checklist for AirBnb/Holiday Home Rentals is not meant to be exhaustive; it is presented as a guide to the most common deductions to be found in rental returns. If you are unsure of your rental income or expense, check with your tax agent.Name(Required)Tax File Number(Required) General Details of dates house/room was available for rentDetails of dates house/room was rentedHouse plan (if renting only a portion of your home)Max. file size: 32 MB. Income Airbnb Income – please provide Airbnb booking reportMax. file size: 32 MB. Other rental related income (Eg. Insurance proceeds, bond recovery)Max. file size: 32 MB. Expenses Advertising – for guestsMax. file size: 32 MB. Borrowing expensesMax. file size: 32 MB. Body corporate fees and chargesMax. file size: 32 MB. Cleaning – please ensure cleaner has an ABNMax. file size: 32 MB. Council RatesMax. file size: 32 MB. Gardening / Lawn Mowing – please ensure your gardener has an ABNMax. file size: 32 MB. InsuranceMax. file size: 32 MB. Interest on loansMax. file size: 32 MB. Land taxMax. file size: 32 MB. Legal expenses – related to guestsMax. file size: 32 MB. Pest controlMax. file size: 32 MB. Repairs and maintenance – made to property due to guests or wear and tearMax. file size: 32 MB. Capital works deductions – based on tax depreciation report obtained from a Quantity SurveyorMax. file size: 32 MB. Stationary, telephone, postageMax. file size: 32 MB. Water chargesMax. file size: 32 MB. AirBNB/Holiday Platform feesMax. file size: 32 MB. Internet/Phone Costs/Streaming servicesMax. file size: 32 MB. Electricity/GASMax. file size: 32 MB. Food costs made available to guestsMax. file size: 32 MB. Other supplies used by guests – ie toilet paper, bathroom suppliesMax. file size: 32 MB. Furnishings & appliances purchased after property was listed as available for guest staysMax. file size: 32 MB. Linen costsMax. file size: 32 MB. State levies for running an AirbnbMax. file size: 32 MB. Linen costsMax. file size: 32 MB. Linen Laundry costs – of washing guest linenMax. file size: 32 MB. Professional Photography of propertyMax. file size: 32 MB. Any major work done to the property – ie build a shed, repair roof etcMax. file size: 32 MB. Other things to note: If you live in the home and also have guests via Airbnb – you will need to provide the floor meterage of the entire property, and the floor meterage of: 1. The Area of your property exclusively used by guests – ie bedroom, 2nd bathroom 2. The Area of your property shared with guests – ie kitchen, living room Set-up costs – ie costs incurred prior to the property being listed as available for guest bookings, are not tax deductible, but may form apart of the cost base of the property for Capital Gains Tax purposes. Contact Deb from Stellar Accounts for more details CAPTCHA Δ
