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As an Airbnb owner, you may be eligible to claim Section 179 deductions for certain qualifying property used in your Airbnb business. However, there are limitations and rules that apply. Section 179 is an expense deduction that allows businesses to deduct the full purchase price of qualifying property during the tax year it's placed in service, rather than depreciating the cost over multiple years. Qualifying property may include furniture, appliances, and other tangible personal property used in your Airbnb rental business. However, there are some limitations for using Section 179 with an Airbnb property: 1. The property must be predominantly (more than 50%) used for business purposes. 2. The total amount of Section 179 deductions is subject to an annual limit, which is $1,050,000 for tax year 2022. The deduction begins to phase out if you place more than $2,620,000 worth of Section 179 property into service during the same year. 3. Real estate, like the actual structure itself, doesn't qualify for Section 179 deduction. 4. A Section 179 deduction cannot create a loss. Your total expenses cannot exceed your total income for the year. It's important to examine your specific situation and discuss with a tax professional to determine whether you can claim the Section 179 deduction for your Airbnb property and to understand the potential tax implications.