Taxes & Cohosts
09-12-2021
09:02 PM
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09-12-2021
09:02 PM
Taxes & Cohosts
Dear Community,
I have a few listings and want to put them into my wife's name/social security.
The "long story short" is that it will allow the earnings I receive now be taxed at
a lower rate than if I leave the listing in my name/social security number.
Any suggestions? Thankyou!
Robert
09-12-2021
09:02 PM
2 Replies 2
09-12-2021
09:20 PM
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09-12-2021
09:20 PM
@Rjgaurora3-Juno-Com0 Does the name on the listing affect who pays the tax in America? In the UK, if its a furnished holiday let the name on the listing is irrelevant.
If it does matter then I fear you will have to effectively create new listings as Airbnb doesn't allow people to transfer ownership.
Could your make your wife the co-host and direct 99% of the earnings her way?
09-12-2021
09:20 PM
09-12-2021
09:45 PM
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09-12-2021
09:45 PM
@Rjgaurora3-Juno-Com0 you do not need to change the listing owner.
Go here: https://www.airbnb.com/account-settings/payments/tax-info and change the taxpayer (W-9) information.
09-12-2021
09:45 PM