Short-Term Rentals

Tax depreciation and deductions for Airbnb, holiday homes, and short-term rental properties

10 expert articles in this category, written by Koste's Chartered Quantity Surveyors.

Should I get a depreciation schedule for an Airbnb?

Yes — an Airbnb or short-term rental property, especially if it is furnished, can generate significant depreciation deductions that far outw…

Yes — you can claim depreciation for the proportion of the year your holiday home is genuinely rented or available for rent. Periods of priv…

Yes — styling furniture, art, decorative items, and homewares purchased specifically for a short-term rental are deductible as Division 40 p…

Yes — smart locks, security cameras, and other technology assets in a short-term rental are Division 40 plant and equipment and can be claim…

Yes — cleaning equipment and linen purchased for a short-term rental property are deductible as either plant and equipment or immediate dedu…

For Airbnb tax deductions, you need booking records, expense receipts, a record of private use periods, and a quantity surveyor depreciation…

Yes — a holiday home used as a rental qualifies for tax depreciation, but deductions must be apportioned for any periods of private use by y…

Private use of your Airbnb property reduces the proportion of depreciation — and all other deductions — that you can claim. The ATO requires…

Yes — furniture in a short-term rental is Division 40 plant and equipment and can be depreciated using the ATO's effective life rulings, oft…

Yes — an Airbnb or short-term rental property qualifies for Division 43 capital works and Division 40 plant and equipment depreciation, but …

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