748b airbnb taxation, CGT exemptions, 6 year rule + money coaching with Erin Davis
Managing an Airbnb or short-term rental sounds like easy cash, but what about the tax side of things? In this episode, Glen and accountant-turned-money-coach Erin Davis break down everything you need to know about tax obligations, record keeping, and even the CGT implications for short-term rentals. Erin also shares her journey from a decades-long career in accounting to empowering women in business with financial confidence through money coaching. The touch on:
👉🏻 income from short-term rentals - what you need to declare
👉 record-keeping tips to avoid ATO headaches
👉🏾 calculating deductions…
The skinny
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