Read these two articles over to make sure you're getting all the tax advantages you can. The first article by TurboTax does a sloppy job on the issue of Schedule C/Schedule E with their brief mention of "Self-Employment" taxes. The Nolo Press article does a better job.
https://turbotax.intuit.com/tax-tools/tax-tips/Self-Employment-Taxes/10-Tax-Tips-for-Airbnb--HomeAwa...
https://www.nolo.com/legal-encyclopedia/tax-issues-when-renting-your-home-airbnb-vrbo.html
If you simply rent your home for a week, say, and pretty much disappear for the week, that's a rental activity reported on Schedule E. If, on the other hand, you're providing considerable "service", (e.g, continental breakfast, room clean up and fresh towels when the guests are away, perhaps an evening wine and cheese opportunity), that sounds more like an B&B or hotel and would be reported as a business on Schedule C.
Tom Young
