I am a property manager but I do allow all of the payments from Airbnb to go directly to the owners. I then bill them accordingly each month for the percentage agreed upon as well as all of the cleaning fees. From my limited understanding, Airbnb should then be the one issuing the 1099 to the property owners. They would then deduct my charges as an expense. I would then record only the income that I received. I would then not need to issue them a separate 1099. Does this sound correct?
