Co-Hosting Contracts for Short Term Rentals

[Craig Gerulski]

Hello Fellow Hosts!

I really appreciate this community and how much great advice is shared daily! I would like some feedback on my situation below:

I personally own a couple STR's and also started a company with some Arbitrage units. I am about to take on some co-hosting clients and need some help/suggestions on how to structure the contract.

1. 1. How do you handle payments? Do you collect the payment then pay the client? Or do you have the client collect from Airbnb and then bill them?
2. 2. Do you pay maintenance out of the profits or bill this separately to the client?
3. 3. Does the client set up utilities in their name?
4. 4. What kind of reporting and tax forms do you provide?

Thanks in advance!!