Renting your home for a film or photo shoot
Varies
Can You Write Off Renting Your Home for a Film or Photo Shoot?
Short answer: If your home is rented fewer than 15 days in the year, including shoots and event bookings, the income is tax-free and you deduct nothing.
More days than that and it's taxable rental income with a share of expenses deductible.
Records to keep: Keep leases, receipts, a log of repairs vs improvements, mileage to the property, and closing statements.
Renting your home for a film or photo shoot
Varies
Real Estate / Landlords / Property Managers / Agents
If your home is rented fewer than 15 days in the year, including shoots and event bookings, the income is tax-free and you deduct nothing.
Business justification
If your home is rented fewer than 15 days in the year, including shoots and event bookings, the income is tax-free and you deduct nothing. More days than that and it's taxable rental income with a share of expenses deductible.
Category
- Rental Property Write-Offs