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AirBNB Fees - Total Revenue VS Fees
Hello BP Community!
I'm working with a client who's interested in a home that's currently used as an airbnb. I was sent some docs as proof of rental income, but I'd like to know how accurate this is VS what airbnb fees are. I've attached one of the docs I received for you to see.
Does the Total Revenue include cleaning fee?
What other fees are taken out?
Is there a rough percentage that you use when analyzing? For example, does airbnb take 15%, 20%, etc.?
Any help is appreciated. Thank you so much!!!
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John Underwood
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I would ask for the last few years of the Tax Return Schedule E for this property to see what their total expenses and net profit was.