One Airbnb host made $32,000 in a year for two bedrooms. But there were the taxes…and the marijuana smell
Can you make your extra space earn its keep? Many people with more house than they need are turning to Airbnb and other services to rent out extra rooms, or even their whole house, to bring in cash—often to cover their mortgage or other critical expenses.
But the process isn’t as simple as putting up a listing. Often, it takes a pricey renovation to make the house appealing to renters, and then there are ongoing costs like restocking soap and hassles like taking care of laundry. Occasionally, the guests leave the space a...
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