Understood. So, I have another question. 2 of the properties I manage is for a client and they get a "co-host payout" which is deducted from the total and sent to them directly, however Airbnb for some reason double reports this income as it is on my 1099-K and the clients 1099-K. How do I go about deducting that portion?
They also do not deduct Airbnb's service fees from the Gross amount on the 1099-K as well. Would these deductions go into "Other miscellaneous expenses"?
