Airbnb Co-Host

[707girly]

My dad owns 2 properties that I Airbnb the money from the booking gets split 50/50 between us and deposits directly into our bank accounts from Airbnb. I manage everything and pay for upkeep, decor, linens,toiletries, and such. It’s never been included in my income because he claims it and gets the tax breaks. Since I do receive money and invest into the Airbnb for the guests and manage all booking and cleanings is there a way to claim half the money and be able to write off anything?

[AmeliesUncle · Accepted solution]

You need to report your share of the income and you can claim what you pay as expenses.