Loftium Unwittingly Forms General Partnerships with Homebuyers (opens in new tab)

(medium.com)

2 pointsTortoise8y ago1 comments

1 comments

2 comments · 1 top-level

DrScump8y ago· 1 in thread

What happens if local regulators ban or limit AirBnB use of that property?

Also, what's are the tax consequences of getting income from a partnership? Would the partners need to get a tax ID number for that entity, fill out corporate tax forms, etc.?

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