@Voyage9 the income is not yours as you are an employee of more than one person . It will depend on the structure of your business but as Mike and Jane have remarked I see an accountant in your future... H
@Voyage9 Professional hosts have accountants who deal with all this stuff. You will likely have to take all the income yourself and then issue 1099s to all the owners whilst expensing their payments so that you don't get a big tax bill yourself. But as I say - ask your accountant.