this post was submitted on 01 Apr 2024
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If you are making money on a place where someone lives then it all counts.
Airbnb is worse than traditional landlords because they remove supply for people to live (excluding shared spaces).
What if you need to move interstate for work for a year. Are you meant to sell your house? And incur all the selling and buying costs? Are you meant to leave it vacant for a year? Or are you meant to let people stay in it for free?
It makes sense to rent it out for the year, and rent yourself in the other state.
You're right; lots of shitty edge cases exist. If you are trading 1 for 1 it's not the core issue.