Assign taxpayers to payout methods ! Annual TAX report goes to listing owner not to property and money owner! AIRBNB ACTION NEEDED!!!

[Ivan3030]

Hi Everybody

It looks like there are thousands of us having this serious problem. We are helping our family members handle  renting of their apartments from our airbnb account. We have money flow set up correctly and every property owner is receiving its earning properly but airbnb will issue only one  annual tax report with our name on it as like we received whole money and as like we were the property owners. But we are only bloody listing owners helping our relatives and family members. This is ridiculous from airbnb to leave us hopeless in this crazy situation. At the beginning of the year I talked with Airbnb agents and they assured me not to worry about it, and that they will issue separate tax reports to each payout recipient as it should be.

Has anybody have some smart advice about this issue?

Do account owners in US have ability to add multiple tax payer information like this airbnb article describes:

https://www.airbnb.com/help/article/417#section-heading-3

Assign taxpayers to payout methods

If you have multiple taxpayers, you need to assign each tax form to the correct payout method:

Assign a taxpayer to each payout method on desktop

1. Click Menu > Account settings > Payments
2. Click Payout methods and select one to assign

Please HELP!

I hope somebody from Airbnb will hear our screaming voice and help  somehow!!!!!

Thank you

[Lorna170 · Accepted solution]

@Ivan3030  

Each apartment owner should have had their own AirBnB account and you should have been listed as the Co-Host.  Then each owner would get a tax form for their earnings, and you would have gotten a tax form for the percentage that you are paid by those other owners.

If you are the originator/owner of the AirBnB account, and are renting multiple apartments through that single account, then AirBnB will send YOU the tax information because YOU are the one conducting the "business" of renting through ONE SINGLE AIRBNB ACCOUNT.  

[Mike-And-Jane0]

@Ivan3030 With 6 listings you are clearly operating a business. Had you set it up properly with each listing having an account owned by the owner and you being the co-host then you would not have this tax issue. As it is you will need to act like a business and provide income/tax details to each owner. Worst case you will need to employ an accountant to do this along with creating a tax return for yourself specifying the income and a significant cost (this being the payments to the owners). 

[Ivan3030]

Thanks everybody .

After deep investigation it looks like the solution is simple:

Every property owner that receives the earnings from renting must have its own Airbnb account and they should be assigned as a hosts (not a co-host) in the listings referring to their properties...

Sounds OK

Thanks

[Helen3]

 @Ivan3030 

What has your accountant advised? Are you paying the owners via Airbnb?