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Minority Reporter Group

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Hi! Splitting income 50/50 can work for simplicity, but there might be smarter options depending on your situation. For example, assigning more income to the spouse in a lower tax bracket could reduce your overall tax burden. Consulting with a tax advisor is key to finding the best strategy. Also, consider working with an Airbnb Management in London They can handle day-to-day operations while providing insights into deductible expenses, helping you and your wife optimize your income structure and focus on growing your Airbnb business.

Great point! Splitting income can be straightforward, but as you mentioned, a more strategic approach based on tax brackets might save you money. Partnering with an Airbnb management company in London is a smart idea. They can streamline operations, optimize tax deductions, and ultimately help you maximize your profits.

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