Many travel nurses maintain a full-time residence. They live there whenever they are not working on a contract elsewhere. This is not strictly necessary, however. If you would rather jump right into the next assignment as soon as the current one ends, the IRS will classify you as an itinerant worker. You will not have the expenses of maintaining a full-time residence. However, as an itinerant worker, your housing stipends, meal allotments and any other “extras” are considered taxable income.