Feeling overwhelmed by Airbnb hosting (or thinking about it in Australia)?

This guide breaks down everything from how the platform works to what you need to know about tax, laws, and making it profitable — so you don’t get caught off guard.

✅ Key Takeaways

• Hosts must treat Airbnb income as assessable income and keep detailed financial records. 

• You can claim deductions for many expenses: cleaning, utilities, mortgage interest (proportionate), depreciation, etc. 

• Capital Gains Tax may apply if you’ve used part of your home for Airbnb — even if it’s your main residence. 

• Local council regulations vary a lot. Some places limit the number of nights you can rent; others require registration or specific compliance. 

• To succeed: standout listing (good photos + description), responsive communication, spotless maintenance & effortless check‑in. 

• Pricing strategy is crucial — use Airbnb tools like “Smart Pricing,” adjust rates for seasonality/events, track occupancy + Average Daily Rate (ADR). 

? Read the full article for more depth: Your Ultimate Guide to Airbnb in Australia

? Also explore our main site for more tax‑help and resources: Baron Accounting homepage