London, United Kingdom Community Manager
We recently shared that as of August 1, 2018 we’ll no longer offer the co-hosting split payout feature. Many of you use and appreciate this feature, and we understand that this change has implications for the way that you do business as hosts. It’s always our intention to improve your experience in any way we can, and we’re sorry for the inconvenience this change will pose for you. We’d like to give you some background on why we’re making it and offer some alternatives for paying your co-hosts.
It’s important to note that we are not removing co-hosting. We’re invested in helping you succeed, and co-hosting overall has been a valuable tool for many of you. So why are we removing the split payout feature? When we added the ability to pay co-hosts through this special feature, the number of co-hosts was rather small and we built a system that handled the volume well. But in order for this feature to meet the needs of a much larger community of hosts and work seamlessly with Airbnb’s evolving platform, we would need to completely rebuild the feature so that it grows with your needs and meets our internal reliability standards. We’re not building a feature to replace this one yet, but we know it’s important to certain hosts and co-hosts and will continue to evaluate ways we can improve and grow the co-hosting program.
The good news is we’re exploring the best way to introduce a new and improved feature. We can’t give you a date yet, but will keep you informed. In the meantime, you can still pay co-hosts through the Airbnb platform by changing your Payout Preferences to split your payment with your co-host. To do this, with your co-host’s permission, enter their payout information in your Payout Preferences tab, and set the percentage you would like to share. If your co-host is not comfortable sharing their account details or ever withdraws their authorization, you can pay them outside of Airbnb through secure online payment apps, bank deposits, cash, or checks.
We sincerely apologize for the inconvenience, and we’re grateful for each and every one of you who host and co-host—and support local businesses while you’re at it! We look forward to building a feature that will be useful to you and better meet the needs of this growing community.
ok! So how do we split by percentage? cause as I ve seen at the payout preferences -payout routing, after you add a payout way - you cannot split a percentage just the 100% ...anyone? THANKS!
Full management service is 25% of the nightly rate. I charge a cleaning fee based on the size of the house and that goes to the cleaning crew on top of the 25% but you don't pay me commission on that cleaning fee.
I provide professional photography of the house
List the house on Airbnb and my website
Check in guest
Communicate with guest
Handle all complaints
Look for damages and charge guest accordingly
Supply sheets, pillow cases, towels, wash clothes and hand towels
Provide all the essentials for guest like toilet paper, paper towels, trash bags, hand soap, shampoo
These are the main services but not all I do to assist you with making your vacation home a successful rental.
Depends on what your arrangement is. If you split payment through Airbnb it includes the cleaning fee. So if you pay them 20% for co-hosting and you have a $100/night reservation plus $50 cleaning fee, Airbnb payouts will pay them 20% on the $150 not the $100.
I collect all the rents from all properties I manage, then at the end of the month I pay the owners out.
Just depends, I have a few owners that just pay me out through Venmo per reservation.
Hi Matt I am new to Airbnb. I need to know for tax purposes if you usually collect all the rents from all the clients how do you pay the owners out? Is it from Airbnb platform? And does Airbnb split form 1099- 20/25% to you and 80% to the owner? I have paypal method Thanks
@Christopher657 the very point of this thread is that @Airbnb discontinued support for direct payments to co-hosts, to the consternation of many. You can add their bank account information as suggested by @Jeff158 (if they are comfortable giving it to you) but the income is still attributed to you. I can't comment on Swedish tax policy. In the US we have to send the co-host a form 1099 at the end of the year reporting the income transferred from us to them.
You add the co-hosts account details to payout preferences and then choose the option to split payments to them through routing rules
The link " split your payment" is not working. Where can I find this info?
If I as a host have two different accommodations, can I have a co-host on only one of these payments?
I dont want to be paying taxes on money that I dont get..
Not only have they not given an answer they are basically ignoring all the messages/complaints on this forum.
Ive become very disappointed in AirBnB over this issue. They seem to think if they stonewall or ignore this it will go away. Wrong!
I just received my 1099-K for the US, and the amount shown as Earnings from Airbnb is significantly higher than shown in my Transactions History. Did the 1099-K Income include the amounts paid to my co-hosts that were funneled DIRECTLY AIRBNB TO THEM? If so, thyey will be pulling their own Transactions History and doub;e-counting. Also WHY should I be shown inclie on my 1099 that NEVER CAME TO ME? That is, all the payouts to Co-hosts made directly by Airbnb to heir payout method should not be shown on my 1099. Only the amounts paid to ME and then I paid to them.
I have been calling for over a week, and getting no where with Airbnb, despite this being escalated as a Problem with the 1099-K reporting by AIRBNB. HELPP!!!!!
I think we’re at 250 plus Hosts / 17 pages of complaints about this removal of a feature and not one replay from AirBnb?
I think it shows they don’t care about our views.
This is unacceptable. This is a radical and limiting change and you're not providing an alternative. A set percentage is not the same as paying co-host the cleaning fees. Say my agreement with the co-host is that they get the cleaning fees. and let's say I booked the place for two longs stays in a month, the co-host should receive two cleaning fees. But with the new way, we are forced to set a percentage of the total payout? How does that make sense? What if the co-host only cleaned once? or... what if the co-hosts was not able to clean at all that month, they would still get a percentage of the payout. Sure, we can go other alternatives like I pay the co-host on cash, but then I have to pay taxes on this income. Seems like a total lack of planning, and you solution is to break it instead of fixing it.
Mind you, this causes a huge tax problem in Greece. A host will have to pay all the taxes for the payout money and there is no way to avoid this, even though it includes the co-host's percentage. I am a host with a house which is not close to where I live. So I must have a co-host. I am not a company, I am an individual, and this means that the co-host is not my employee. So I don't know how to pay them. Am I supposed to act illegally and pay black money?
I understand you may have to change one or two things sometimes but this is one vital option you need open.
This is absolutly not convinient and I will give you examples:
1. When I had a property for airbnb in Philadelphia, I never met my cleaner, all she had to do is to give me her email and I register her. The way you have things setup now will have me ask cleaner/co-host to give me their account details. In this age of cyber crime, you are opening a lot of people to financial security risk. I know this because I am a consultant and I work on PCI related issue every day.
2. You also don't have an open for a dollar amount. This just complicate things e.g lets say, I had a guest who is staying for 3 months and I get $10,000 for that. the lowest amount I can pay a cleaner is 1% which is $1000. Who gives a cleaner $1000 to clean a 2 bedroom apartment (this is not to insult you but to point to my fraustration). Also, cometimes I clean my house my self and don't need the cleaner to do it.
3. You gave the option to use other form of payment. If I have to do this, I'll have to give the cleaner 1099 which in most cases they might be unwilling to sign. In such cases, it will be difficult for me to file my tax because from airbnb point of view, the pay me the money not the cleaner.
Solution: I know some people may prefer what you have there now especially if they pay a co-host a percentage of the income. However, I believe you need to consider including a dollar amount in the routing option, or revert to the way it was before.