Question
Condo-tel income and loss: Rental or business
I have property in Hawaii which is a Condo-tel which I rent out throughout the year to traveler and vacationers. I am the one managing the booking, setting up various websites for advertising the place, scheduling cleaners, communicating with people booking the unit, contacting contractors and repair guys when needed, purchasing supplies and flying to set up the unit, etc. Will I report these activities as business in schedule C or will I report these activities as rental in schedule E?
