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Updated about 5 years ago on .
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Airbnb Hosting Manager Dilemma
HI BP Community,
I bought a house last year that came with a detached studio. Since I wasn't moving to the new house yet as my daughter is finishing high school where we currently live, I decided to list the main house and studio in Airbnb. it has gone really well, and that has caught the attention of some people in my network. I was just asked to create and manage a couple of listings by a friend. He asked me to charge him as a regular customer. Also, he's curious as to how he will be getting paid. My answer is 15% commission and I will set him up on his own acct with his bank of choice. I wonder if that is the way to go. I want to avoid to set it his property with my listings and I don't want the IRS to think I am collecting all of the money for myself so I would pay taxes on it. Any advice here no how to proceed as an Airbnb host and manager. Thank you!
Carlos