In my county we pay monthly on the previous month's stay taxes. Are you submitting your monthly taxes with the 15.5% (or whatever percentage you use) host fee in the rent? I have my rent and surcharges adjusted to a 22% increase for Airbnb bookings. When I run a tax report or tax detail report, the taxable charges include the rent before the airbnb service fee (expense) is taken out. Should I manually subtract each airbnb fee from the rent on every reservation rent line and then report that? As of now it looks like I'd be paying taxes on a $174 Airbnb service fee that neither I nor the owner received. Chatgpt said,
"That 22% markup is taxable because it’s baked into guest-paid rent.
So if you raised your rate to offset Airbnb fees, taxes are still due on the full charged amount.
Example:
| Base Direct Rate | $1,000 |
| Airbnb Markup | +$220 |
| Airbnb Host Fee | -$174 |
Tax is still filed on $1,220 (plus cleaning etc.), not the net."
Which is exactly what I'm saying... I should be subtracting that from rent before reporting taxes, or am I as lost as I feel?
