Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.

Madison asks:

I've just completed my first direct booking at a property that I own and manage, and I'm going through the process of remitting taxes to my county and state. How do you handle this for co-hosted properties? I'd like to offer direct bookings, but would I remit taxes on behalf of the owner or is that their responsibility?

(00:00:00) Introduction

(00:03:09) How Sarah Remitted Taxes On Her Clients’ Behalf

(00:05:19) How To Make Life Easier For Your Clients

(00:06:42) Remitting Taxes Even If You’re Not Co-Hosting

Please note that we are not CPAs, and this information is location dependent. We encourage you to consult with a tax professional in your area.

Thanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah and Annette, submit your burning hosting questions at: hostinghotline.com.

Resources:

• Click here for full show notes

• Video: The Ultimate Guide to Setting Up Your Airbnb Business the RIGHT way (banking, taxes, LLC, profits)

• Airbnb Essentials Checklist: hostchecklist.com

Thanks for Visiting is produced by Crate Media.

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